MACYOUNG: Property with Mining Rights

R1,100,000
Deal of the Week
Sold

Overview

  • Property ID
  • 3055

Property Description

About this Property: This property is located in the Eastern Cape measuring 52,9566 hectares in extent. The current reserve is 9,680,791 tons.

 

History: The current owner has mining rights until 2043. Quartzitic sandstone will be mined on this location.

 

Scalability: This property offers an excellent income opportunity to its next owner. The rock is suitable for all construction materials , roadstone, gravels, armour rock , rip rap and gabion.

 

Requirements: For more information regarding plant requirements please contact me on details provided.

 

Reason for Selling: Client wishes to focus on other projects.

Property Id: 3055
Price: R1,100,000

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Trevor Young – B.Comm (LAW) LLB