There is good reason why Vaal River property prices continue to surge. Magnificent natural beauty, amenities, affordability, growth of surrounding commercial hubs, the tranquil lifestyle and investment upside.
While all the recent hype has been about the doubling in prices and a surge in young buyers – they make up a third of recent sales – and a rise in demand from metropolitan investors seeking space and water on their doorstep, the upper end of the scale is often neglected as an affordable route to luxury, high-end living.
While prices at the top end have generally been a bridge too far for many, luxury modern living is now within reach at much more affordable prices.
One new opportunity now on auction is one of the most luxurious properties in the entire area – the 10-bedroom, 2.3 hectare Villa Rivage on sought-after Windsor Avenue. The property is on the market for R12 000 000.00 but you would not get any change for R50 000 000.00 to rebuild the property.
All 10 bedrooms have en-suite bathrooms, with 3 on the ground floor and 7 on the first floor. Several bedrooms feature large undercover balconies that look on to the Vaal River. The ground floor offers an extensive open-plan lounge/entertainment area with glass stacking doors, a large kitchen with a scullery and pantry, built-in cupboards, a built-in oven and a stove.
With water scarcity a major problem in Gauteng, this property has two boreholes featuring water purifiers and three water tanks. The impressive grounds include a guest cottage, horse stables, a tennis court, jetty and boat house and 15 parking bays.
Additionally, there is a two-bedroom cottage situated on the northern portion of the site, near the banks of the river, with an open-plan kitchen and lounge. The site offers several additional facilities, such as a large pool and Lapa/braai area with water features, restrooms, a sauna, 2 boat lockers, a tennis court, horse stables, a paddock and a 10-room staff quarters.
With developers unlocking the Vaal’s investment potential and nearby Vanderbijlpark on the rise as a business, shopping, and residential hub, savvy investors have a major opportunity at their fingertips.
Excellent public and private schools and proximity to the Vaal campus of Northwest University and the Vaal University of Technology are important features for many new buyers and investors, especially those with children.
Medical facilities are world-class and accessible, while major new mall developments have brought the major chains and brands to the Vaal.
A show day is scheduled on the 6th & 7th of April ahead of an auction on 18 April 2024.