Land lots in Vanderbijlpark, Gauteng

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Browse Land lots in Vanderbijlpark, Gauteng or list your own. Advertise, sell your property, list it for let

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Gauteng ( khow-TENG; Tswana: Gauteng; Northern and Southern Sotho: Gauteng; Zulu: eGoli; Tsonga: Gauteng/eXilungwini; Ndebele, Xhosa: iRhawuti; Southern Ndebele: I-Gauteng; Venda: Gauteng) is one of the nine provinces of South Africa. The name in Sotho-Tswana languages means 'place of gold'. Situated on the Highveld, Gauteng is the smallest province by land in South Africa. Though Gauteng accounts for only 1.5% of the country's land area, it is home to more than a quarter of its population. Highly urbanised, the province contains the country's largest city, Johannesburg, which is also one of the largest cities in the world. Gauteng is the wealthiest province in South Africa and considered as the financial hub of Africa, mostly concentrated in Johannesburg. It also contains the administrative capital, Pretoria, and other large areas such as Midrand, Vanderbijlpark, Ekurhuleni and the affluent Sandton. As of 2019, Gauteng is the most populous province in South Africa with a population of approximately 15.5 million people according to estimates.

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In real estate, a lot or plot is a tract or parcel of land owned or meant to be owned by some owner(s). A lot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the same thing) in other countries. Possible owner(s) of a lot can be one or more person(s) or another legal entity, such as a company/corporation, organization, government, or trust. A common form of ownership of a lot is called fee simple in some countries. A lot may also be defined as a small area of land that is empty except for pavement or similar improvement. An example would be a parking lot. This article covers lots as parcels of land meant to be owned as units by an owner(s). Like most other types of real estate, lots owned by private parties are subject to a periodic real estate tax payable by the owners to local governments such as a county or municipality. These real estate taxes are based on the assessed value of the real property; additional taxes usually apply to transfer of ownership and property sales. Other fees by government are possible for improvements such as curbs and sidewalks or an impact fee for building a house on a vacant lot.

Source: https://en.wikipedia.org/