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Massive Growth and Development In Vereeniging
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Vereeniging- Massive Growth and Development
Vereeniging surrounded by the scenic views of the Klip River and the Vaal River has seen significant growth in residential properties owing to lucrative increases in ROI’s.
It has attracted many property sales for permanent residency and business investments across freehold properties including exquisite farmlands and spacious homes. Sectional Titles have also been in demand as growing needs for security and lower maintenance costs are on the rise.
Currently, Lew Geffen Sotheby’s International Realty has an array of properties in Vereeniging ranging in price from R180 000 to R23 000 000.
The properties are ideal for smaller families with spacious and luxurious living consisting of two three bedroom houses and apartments, to larger homes for bigger income earners with 5 bedrooms and over. The current homes on the market include a double-story architectural master piece located in Arcon Park, with six bedrooms, four bathrooms and fireplaces. Arcon Park is for those who love fine living and Lew Geffen Sotheby’s International Realty brings another stunning home to the market made-up of five bedrooms and four bathrooms in the main house and an outer building consisting of a Jacuzzi.
These properties are suitable for families looking to start a life amid the contrast of bustling business and scenic rivers. In addition, it represents rental opportunities to ensure a steady stream of income in our current challenging economic environment.
We ensure that those who are business-minded can invest in the area with vast plots of empty land to exploit and rich farmlands on the market, for those pursuing lucrative agricultural lands.
It is situated in south Gauteng in close proximity to Vanderbijlpark, Three Rivers, Sasolberg and Meyerton.
Being one of the most vital components in industrial manufacturing in South Africa, the area represents rewarding commercial investments.
Vereeniging’s primary manufacturing products are bricks, tile pipes, iron and processed lime.
Lew Geffen Sotheby’s International Realty has realised the opportunities available in the area and offers only the best properties to take advantage of this residential and commercial hub.
Three power provinces make up an area known as the Vaal Triangle - including Vereeniging, Vanderbijlpark and Sasolburg. It encompasses a significant urban complex that is continuously evolving economically and socially to abundantly meet the demands of a changing and ever-growing population.
Vereeniging offers residents world-class amenities including The River Square Shopping Centre, The Vaal River and Maccauvlei Golf Course.
The river is a major industrial region and is currently under construction to deliver massive increases in property values, job creation, recreational activities and overall economic growth.
Vaal River City set for completion in 15 years, is a R11 Billion mega city and spans 250 hectares across the Vaal River.
The development includes:
• 20 hectare of parkland green open space and bird sanctuary
• 400 000 square metres of offices
• A 60 000 square metre regional shopping centre
• 400 000 square meters of commercial office space
• A health care facility
• Overall 75% to 80% commercial and retail space
Once built residents will have access to: cycle tracks, pedestrian pathways, a civic centre, medical and educational facilities and a Metropolitan bus system.
Infrastructure in the area is given priority and a project is set to supply Vereeniging with ultra-efficient pump sets to the State-owned water utility- Rand Water. Manufacturer, KSB Pumps and Valves will install the pumps, claimed by the company to be one of the largest pumps created. This will remove significant pressure off the existing system which has been affected negatively by drought and growing urban populations.
This infrastructure seeks to overcome water restrictions across Gauteng and residents of Vereeniging will be protected against water cuts and thus, thrive amid ever-changing environmental climates.
We at Lew Geffen Sotheby’s International Realty strive for finding your perfect home or business opportunity in your dream location. Contact our expert team at our Vereeniging offices today to inquire about our comprehensive listings.
Author: Lew Geffen Sotheby's International Realty