CALLING ALL DEVELOPERS & INVESTORS
20 ULTRA-MODERN FACE-BRICK UNITS – SANDALWOOD ESTATE, RIVERSDALE
R19 000 000
An exceptional investment opportunity awaits in Sandalwood Estate, Riversdale, Meyerton.
INVEST IN THE FUTURE GROWTH OF MEYERTON
Meyerton and the greater Vaal region are entering an exciting period of industrial and infrastructure development.
The former Samancor Metalloys manganese-alloy complex in Meyerton has been acquired and renamed KHWELAMET, with a major phased rehabilitation and redevelopment programme under way.
The wider Khwelamet project has been identified as an approximately R8.8 billion industrial revival investment, incorporating manganese beneficiation, upgraded rail infrastructure, metal recovery and plans for an inland container terminal.
Published investment information indicates the project could support approximately 1,000 construction jobs and 1,500 operational jobs, strengthening employment and economic activity in the Meyerton and greater Vaal region.
Further proposed mining developments are also progressing in the broader Vereeniging–Meyerton corridor, while the proposed Vaal Special Economic Zone and Vaal Aerotropolis envisage substantial future industrial, logistics and infrastructure investment in the region.
For property investors, Sandalwood Estate therefore offers an opportunity to acquire 20 residential units in an area positioned alongside significant planned and ongoing economic development.
THE DEVELOPMENT
The complex consists of:
16 × Three-Bedroom Units
3 spacious bedrooms
2 bathrooms
Main bedroom with en-suite bathroom
Open-plan living areas
Modern kitchen
Double garage
Approximately 134 m² per unit
4 × Two-Bedroom Units
2 spacious bedrooms
2 bathrooms
Open-plan living areas
Modern kitchen
Double garage
Approximately 119 m² per unit
MODERN & LOW-MAINTENANCE LIVING
The units have been designed with comfortable modern living in mind.
The face-brick construction provides an attractive appearance while helping to reduce exterior maintenance requirements — an important consideration when investing in a multi-unit residential development.
The spacious layouts, private living areas and double garages add to the appeal for tenants and future individual purchasers.
EXCELLENT INVESTMENT OPPORTUNITY
The development offers an investor the opportunity to acquire 20 residential units as one investment.
The mix of two- and three-bedroom units broadens the potential rental market and provides flexibility for future investment strategies.
With all 20 units forming part of one development, this is a particularly attractive opportunity for an investor seeking a sizeable residential property portfolio in one transaction.
SECTIONAL TITLE POTENTIAL
Land surveyor sectional-title plans are already in place.
The sectional-title register has not yet been opened, creating an opportunity for the purchaser to complete the sectional-title registration process should they wish to sell the units individually in future.
This provides an investor with additional flexibility regarding the long-term strategy for the development.
LOCATION – RIVERSDALE, MEYERTON
Sandalwood Estate is situated in Riversdale, Meyerton, an established residential area with convenient access to everyday amenities, employment areas and major transport routes.
Its position within the wider Meyerton/Vaal development corridor adds another dimension to its long-term investment appeal.
IDEAL FOR
Property Developers | Residential Investors | Portfolio Investors | Investment Groups
Whether the intention is to retain the development as a rental portfolio or explore the future individual sale of units through sectional-title registration, Sandalwood Estate presents a versatile residential investment opportunity.
PROPERTY AT A GLANCE
20 Modern Face-Brick Units
16 × 3 Bedroom | 2 Bathroom | Double Garage | ±134 m²
4 × 2 Bedroom | 2 Bathroom | Double Garage | ±119 m²
Sectional-title survey plans in place
Secure residential development
Situated within the growing Meyerton/Vaal development corridor
R19 000 000
A RARE OPPORTUNITY TO ACQUIRE AN ENTIRE 20-UNIT RESIDENTIAL DEVELOPMENT IN RIVERSDALE, MEYERTON.
Contact me to arrange a private viewing or to obtain further information regarding the development.
DISCLAIMER
Every effort has been made to ensure that the information contained in this listing is accurate; however, Landmark Property Solutions and the Property Practitioner accept no liability for any errors, omissions or inaccuracies
All property details, measurements, plans, sectional-title information and other particulars are subject to verification by the purchaser.
Information regarding proposed or future mining, industrial, infrastructure, Vaal SEZ and Aerotropolis developments is based on publicly available information at the time of publication. These developments may be subject to approvals, amendments, delays or cancellation, and no guarantee is given regarding their completion, timing or impact on property values, rental demand or investment returns.
Prospective purchasers are advised to conduct their own due diligence and obtain appropriate independent professional advice before entering into a transaction.
E&OE – Errors and Omissions Excepted.