- 34 767 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
Affordability Calculator | Bond Costs Calculator | Bond Repayment Calculator | Apply for a BondBond Calculator
Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
Mun. Rates & Taxes: ZAR 330.00
Monthly Levy: ZAR 0.00
Special Levies: ZAR 0.00
Property description
We started our journey at R 5.5 million and are now offering this site for R 2.2 million. The seller is VAT registered, and the property is held in a PTY LTD with audited books. The land measures 34,747 sqm and is zoned as Special Zone 5, allowing for use as a hotel and shop. Currently, there are no buildings on the site, and the company is not trading. There are several potential development opportunities for this property, which is situated near a small factory shoe shop at the entrance, a church behind, and surrounded by agricultural land.
Previously, there was zoning for a service station next door until it was changed. Access to the site is via a nicely tarred cul de sac entrance that leads directly from the shop, along with a back tarred road connecting to the property. The front boundary along the main road is 151 meters, and there is already a turn-off with traffic calming measures in place. The land starts at a high point and slopes down, offering generous sea views from various locations on the site. You can overlook the Impanjati Nature Reserve from the elevated areas. This expansive stand is suitable for many uses; while I envision a service station or truck stop here as it will be part of the toll road to East London, it could also work well for residential development.
Property Details
Property Features
- Wheelchair Friendly
- Pets Allowed
- Scenic View
- Sea View
- Private Access road
- Sea views
| Erf Size | 34 767 m2 |
Contact the Agent
Martin Schonken
Full Status Property Practitioner