This estate was sold on auction due to bankruptcy and was used as a small holding by the owner for the past 6 years.
The owner is now immigrating and is looking to sell off the development land for a HUGE BARGAIN!
The land costs of 3 well built houses with a fancy entrance and 150 m2 office space. The development is 70% serviced with surrounding walls, entrance and staff buildings in place. All the roads are serviced with stormwater drainage & water. Die electricity infrastructure does needs some work, but most of the other bulk and internal services are already in place! 60% of the roads are already paved, and 90% of the side walls and street lights are already fitted.
There is a huge dam on the premises with additional boreholes for water.
The land is situated 350 m from one of the most beautiful beach in Africa.
These stands can be developed in phases with an average profit margin of R 600 000 per unit.
There is a high demand from elderly folks looking to retire and move away from the inland to coastal cities, so these units are high in demand and would work exceptionally well as a retirement estate.
The zoning was subtracted by the owner due to the higher rates and taxes but can be activate once again for a willing and able developer.
| Lifestyle: | Coastal/Beach |
| Lifestyle: | Eco Estate |
| Lifestyle: | Gated Community |
| Lifestyle: | Security Complex |
| Lifestyle: | Security Estate |
| Lifestyle: | Wellness Estate |
| Security: | Totally Fenced, Electric Gate, Security Gate, Guard House, Guard, Perimeter Wall, Boomed Area, Safe |
| Special Feature: | Driveway, Paveway, Special Lights, Septic Tank, Special doors, Totally walled |
| Internet Access: | Fixed WiMAX |
| Nearby Public Transport: | Bus, Minibus Taxi |
| Listing Number: | 112660519 |
+27 (0)82 496 4312
+27 (0)72 315 8881
whatsapp agent
sales@okandiviprop.com
sales@okandiviprop.com
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+27 (0)62 195 9702
whatsapp agent
Angelique@okandivipro...
Angelique@okandiviprop.com
View all agent properties
