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Development Land lovely wildlife
R 4,240,000
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11 months ago206 views
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General Details
Location:
For Sale By:Agency
Description
Listing update 07/01/24
Introducing a remarkable opportunity for developers and investors: a sea view land in Umtentweni with immense potential for development. This expansive property is ideally suited for a residential project, offering space for approximately 40 houses-an incredible bonus for those looking to maximize their investment.
Conveniently accessible from two entrances, the main entrance being Rethman Drive and the second entrance from Link Drive, this land holds great promise for a well-planned and strategically designed development.
On the property, there are existing buildings with single-phase power, providing a head start for any construction plans. Three septic tanks are already in place, ensuring efficient waste management. Additionally, there are three water tanks with capacities of 2x4000 liters and 1x9000 liters, offering a reliable water supply.
As an added incentive, a spacious old house spanning 1000 square meters is included with the property at no extra cost. This building presents opportunities for renovation or repurposing, allowing for creative possibilities within the development.
Nature enthusiasts will appreciate the abundance of wildlife on the property. The tranquil surroundings are home to a variety of wildlife, including owls, eagles, and bucks, creating a harmonious coexistence between development and nature.
With its breathtaking sea views, convenient location, and existing infrastructure, this property holds tremendous potential for a lucrative and sought-after development. Unlock the possibilities and seize this opportunity to create a thriving community in the idyllic coastal setting of Umtentweni.
Don't miss out on this extraordinary chance to shape the future of this remarkable piece of land. Contact us now to discuss further details and explore the unlimited potential of this exceptional property.
Property Reference #: RL1145
Agent Details:
Dolla Oberholzer
Real and Proper T
No 1 Bank Street (Corner Bank Street and Marine Drive)
Margate
KwaZulu Natal
Introducing a remarkable opportunity for developers and investors: a sea view land in Umtentweni with immense potential for development. This expansive property is ideally suited for a residential project, offering space for approximately 40 houses-an incredible bonus for those looking to maximize their investment.
Conveniently accessible from two entrances, the main entrance being Rethman Drive and the second entrance from Link Drive, this land holds great promise for a well-planned and strategically designed development.
On the property, there are existing buildings with single-phase power, providing a head start for any construction plans. Three septic tanks are already in place, ensuring efficient waste management. Additionally, there are three water tanks with capacities of 2x4000 liters and 1x9000 liters, offering a reliable water supply.
As an added incentive, a spacious old house spanning 1000 square meters is included with the property at no extra cost. This building presents opportunities for renovation or repurposing, allowing for creative possibilities within the development.
Nature enthusiasts will appreciate the abundance of wildlife on the property. The tranquil surroundings are home to a variety of wildlife, including owls, eagles, and bucks, creating a harmonious coexistence between development and nature.
With its breathtaking sea views, convenient location, and existing infrastructure, this property holds tremendous potential for a lucrative and sought-after development. Unlock the possibilities and seize this opportunity to create a thriving community in the idyllic coastal setting of Umtentweni.
Don't miss out on this extraordinary chance to shape the future of this remarkable piece of land. Contact us now to discuss further details and explore the unlimited potential of this exceptional property.
Property Reference #: RL1145
Agent Details:
Dolla Oberholzer
Real and Proper T
No 1 Bank Street (Corner Bank Street and Marine Drive)
Margate
KwaZulu Natal
Id Subtitle 1211085920
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Estimated monthly repaymentR 45,950
Total property loan amountR 4,240,000
Total interestR 6,787,804
Total repaymentR 11,027,804
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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