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Residential and Commercial Development - Nigel - Gauteng

Nigel, 0 Balfour Road

R18,500,000 plus VAT

Listing Number: NVB58936
About this listing
The property is located next to the residential neighbourhood of Alra Park in Nigel. The Business/Retail site is located on the intersection of the R51 Balfour Road and the R550.
Size 345,935 square metres

The proposed development consists of
- 596 Full Title Residential stands (approx. 200m² each)
- 1 Sectional Title Stand (approx. 80 units)
- 1 Business stand (1,9 ha) can be used as retail

The development consists of 7 phases and is structured in such a way that the option is available to convert a portion of the development to sectional title rental units should there be a need for social housing units.

All bulk services are available as per the signed services agreement.
Property Information
  • Land Size: 34.5935 Ha
  • Tenure: Freehold
  • Property Type: Land, Other (Development), Vacant

Agent Details

Koedoe Street
Wierda Park
Office website

Property Location

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