Property description

R 375,000 is a fantastic price for vacant land in Umtentweni on Eagle Road, measuring 2500sqmt. Both sites feature their own driveways, so they don’t function as a true panhandle. The property has been cleared, although some growth has returned after the recent rains. The first site has a bank on the left and gentle slopes down to the bottom, while the right-side stand also features a gentle slope. Each site has both a higher and lower end. Notably, there is some bamboo present, which is a sought-after variety on the coast and doesn’t spread easily.

I have also listed the neighboring site for R 375,000, measuring 2916sqmt. Both properties come with several advantages: they have been surveyed by a qualified land surveyor, include pre-approved building plans, soil percolation tests have been completed, and the sites have been cleared and treated for weeds. The current owner is a builder from JHB who has been pulled in another direction, and I negotiated the prices as I originally sold these to him. There are only 23 sites for sale in Umtentweni, making these some of the cheapest available. For comparison, there’s another site at the end of the row listed for R 550,000. Here, you can acquire two stands for the price of one next door! The municipal value is R 420,000, with annual rates of R 10,428.60 and water rates at R 85 per month. This location is very close to the sea and shops, with easy access to cross the main road and the freeway in the other direction.

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