Web Ref No CL52

An Exceptional Opportunity for Residential Development in Mbombela
This is a rare chance to begin a residential development project just outside Mbombela, with much of the initial groundwork already completed. The property spans 9.4 hectares and is located roughly 2 km outside the city, offering an ideal setting for a new township.
Key features include:
• Environmental Impact Assessment (EIA): A comprehensive assessment has been conducted, with findings documented in a Scoping Report. The study confirms there are no significant environmental risks that cannot be effectively managed with proper mitigation and monitoring measures.
• Development Potential: The property has the potential to be subdivided into between 112 and 185 individual stands, depending on stand sizes. A Record of Decision (ROD) issued in 2007 by the Department of Agriculture & Land Administration approved the subdivision of 112 stands, with flexibility for adjustments.
• Valuation: A professional valuation in 2016 by Lowveld Valuations (Pty) Ltd placed the property's value at R11,400,000.
• Restitution Certification: A certificate from the Commission on Restitution of Land Rights (Commissioner of Land Claims) is available upon request, confirming that this property is not subject to any land restitution claims.
The property benefits from thorough specialist investigations, compliance with South African Bureau of Standards (SABS) codes, and previous approvals by all relevant authorities. While some permissions will require renewal, the process is expected to be straightforward with the assistance of an experienced town planner.
This is an excellent opportunity to meet Mbombela’s growing demand for residential housing, backed by a well-documented and environmentally sound foundation.


FOR MORE INFO CALL JAN PIENAAR AT KELLAPRINCE PROPERTIES TODAY
This agent holds a valid FFC with the PPRA