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Vacant Land Commercial for sale in Nigel Central

R20,000,000
Unknown Cnr R51 And R550, Alra Park
35ha
Looking For Land To Develop An Affordable Housing Estate

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.

The 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.

Development can commence as soon as bulk services payment is made.

Property Type
Vacant Land Commercial
Stand Size
35ha
Reference
2174759
Grade
A
Address
Unknown Cnr R51 And R550
Property history
Listed for sale at R20,000,000
17 Aug 2023
Get to know Nigel
South East of Johannesburg and its rich history as a gold mining area, the small town of Nigel like many other small towns at the time, sprung up around mining activities in the area.
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