Property
Description
Property Description
This 70-hectare property presents a rare investment opportunity, ideally situated along the busy R42 Provincial Route, offering great potential for immediate and long-term returns. Of the total land, 5.3769Ha is zoned “Special” for cemetery use, with graves already sold and utilized, creating an established client base and a steady revenue stream.
Strategically located adjacent to the fully utilized Nanescol municipal cemetery, the property is perfectly positioned to absorb the growing demand for burial space in the region. Nearby cemeteries, including Kookrus and those managed by the Emfuleni Municipality, are also either at capacity or nearing it, further emphasizing the urgent need for additional burial facilities.
In addition to its existing zoning, the property offers potential for further development, pending the necessary approvals. Its prime location along a major provincial route ensures high visibility and easy accessibility, making it an ideal investment to address the critical burial space needs of the surrounding communities.
This land offers investors the opportunity to capitalize on a sustainable market demand while benefiting from the strategic positioning of the site. With established cemetery infrastructure and proximity to existing municipal services, it is a sound investment in a growing and necessary sector.
Features
5Ha Zoned Cemetery
Along Main R42 Provincial Road
Already being utilized
Balance 65Ha can be rezoned easily due to the current zoning
Area Description
Midvaal’s Three Rivers area, with a population exceeding 95,000, is a growing urban hub known for large-scale residential and commercial developments. Strategically positioned, it offers access to major routes like the R42. The area features key landmarks, including municipal and private cemeteries, addressing burial needs amid regional population expansion and development.
Area Amenities
NG CHURCH, Homelands AH, Meyerton 0.62km
Riverwalk Shopping Centre 5,5km
R59 9,8km
Checkers Hyper Arcon Park 9,3km
PROPERTY TYPE:
Commercial
PROPERTY ADDRESS:
R42 Provincial Route ( Three Rivers/ Heidelberg), Three Rivers - Property Ref: f108379, Vereeniging , Gauteng
AUCTION ADDRESS:
Masingita House , 41 West Street, Houghton Estate , Johannesburg , Gauteng
AUCTION DATE:
2025-02-20
AUCTION START TIME:
11:00
KEY FEATURES
ERF SIZE: 702684m2
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