Engel & Völkers

Raaswater

Price on request
  • ~320,000 m² Plot surface

Description

Raaswater River Lodge 32 Ha Riverfront Development Opportunity | 2km Vaal River Frontage | R4,800,000 ±25 km from Potchefstroom ±2 km exclusive Vaal River frontage 32 Hectares ________________________________________ Operate immediately as a resort and events venue while planning redevelopment or reposition entirely into a high-demand riverfront residential estate. PRIME SUBDIVISION & RURAL ESTATE DEVELOPMENT OPPORTUNITY Exceptional opportunity to develop a rural riverfront estate to sell off individual sectional title portions. A Strategic Planning & Property Risk Intelligence Report has already been compiled by Urban & Regional Planners, outlining development rights, processes, timelines and associated costs. Unlock the value of 2km of scarce Vaal River frontage through sectional title or estate-style development. ________________________________________ Existing Income-Generating Infrastructure • 13 Self-catering chalets (±64 guests) • 16 En-suite rooms (32–64 guests) • Hostel-style accommodation • Previously utilised camping areas • 3 Fishing jetties • Large swimming pool • 3 Conference & function venues • Fully operational bar • 2 Valid liquor licences Asking Price: R4,800,000 Riverfront holdings of this nature are seldom available at this price.
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Engel & Völkers Potchefstroom

Your advisor: Bertus Els

Property ID: ENV207803

Property details
  • Property type

    Hotel

  • Plot surface

    ~320,000 m²

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