R7,000,000
The subject property is located in the South Eastern Sector of Lesedi Local Municipality in the province of Gauteng. The property is approximately 40 minutes east of the Central Business District of Johannesburg along the N3 National route towards Durban. The property is highly visible from the busy N3 National route, between Johannesburg and Durban, just south of the ever so busy R 51 interchange to Balfour and Standerton from the N 3 highway. The property has been assessed by a group of International golf course developers who confirmed that it is possible to build a golf course on the land. They also confirmed the marketability of the development. Local authority indicated support for a Golf Estate and passed a resolution to this effect (supporting documentation available on request to serious buyers). In 2008 the local authority incorporated the Golf Estate in this location into the Spatial Development Framework for the Lesedi Municipal Market Analysis for Social and Affordable Housing (study available on request to serious buyers). Rand Merchant Bank and First National Bank both expressed interest in funding the housing and infrastructure components of the proposed development.All machinery for engineering shop can be sold separately.Start up the Mineral water plant and make money (water quality report available). Going concern R19 800 000.00 negotiable
