R1,600,000

R1,600,000

5 Bedroom Freehold For Sale in Vaal Park
5
Bedrooms
4
Bathrooms
1
Garages
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Prime Development Opportunity with Two Existing Homes For Sale in Orkney

Web Ref. VGR418
Land size 4570.00 m²
Monthly Bond Repayment
R15,706.29
This property offers an excellent investment opportunity for developers or investors, with Residential 2 zoning allowing for multiple residential units. Building plans for additional units are reportedly available, making this an ideal site for future development while generating income from the existing homes.
The property currently features two separate houses, making it ideal for rental income, extended family living, or phased development.
The property also offers three-phase electricity, prepaid power, fiber connectivity, gas installations, and municipal water, with potential for borehole water in the area.

Main House
3 Bedrooms with built-in cupboards
2 Bathrooms (main en-suite)
Spacious living room and dining area
Kitchen with solid wood cupboards, gas stove and electric oven
Air conditioning in the living area and main bedroom
Fully tiled floors, curtain rails, burglar bars and LED lighting

Second House / Flat
2 Bedrooms with built-in cupboards
2 Bathrooms
Living and dining area
Kitchen with built-in cupboards
Gas geyser
Single garage and covered carport
Private yard and patio area

Additional Features
Fully fenced property with access gates
Paved parking areas
Fiber internet available in both homes
Property borders municipal land towards the river


Ideal for property developers, investors, or buyers looking for a multi-dwelling investment property with future development potential.

Features

Interior
5 Bedrooms
4 Bathrooms
2 Kitchens
2 Lounges
2 Dining Rooms
Exterior
1 Garage
10 Parkings
Pet Friendly
Security
Sizes
Land Size 4,570 m²
Listing Info
Date Listed 11-03-26

Disclaimer

While every effort will be made to ensure that the information contained within the Team Vangass Properties website is accurate and up to date, Team Vangass Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.