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EXCEPTIONAL OPPORTUNITY: RARE VACANT LAND IN PRESTIGIOUS WATERFRONT ESTATE
R 330,000
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General Details
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For Sale By:Agency
Description
Discover an exclusive opportunity in Port Alfred with this extraordinary vacant erf within the renowned Riverview Waterfront Estate. This upscale eco estate seamlessly blends stunning views and wildlife with the tranquil security of a private gated community.
Freehold Erf 8443, originally three plots, has been consolidated into a 1379 square metre parcel, providing a flexible canvas for development. Prospective buyers can sub-divide at their discretion, customizing the property to individual preferences. Located within walking distance of the river and entrance, this plot effortlessly combines accessibility with the enchanting allure of natural beauty.
The consolidation not only ensures ample space but also offers the added benefit of reduced municipal rates, while levies are calculated based on the original six erven.
Each plot at The Riverview Waterfront Estate is meticulously optimized for size and shape, ensuring unobstructed views while preserving the natural surroundings. Building height restrictions, capped at 3.60 metres from the highest point, enable multi-level construction for a residence maximizing panoramic vistas without compromising neighbour privacy.
Setting itself apart with infrastructure, The Riverview Waterfront Estate features specially crafted 'oubaai' cobble pavers and concrete edging on roads to minimize wear and tear. Oversized underground drainage pipes guarantee efficient stormwater disposal, emphasizing a steadfast commitment to quality and longevity.
For detailed information and an exploration of the limitless potential inherent in this extraordinary property, we invite you to connect with the dedicated listing agent. Your journey toward a distinctive and bespoke lifestyle begins here.
Property Reference #: 6263528
Agent Details:
Mauneen Charter
Lew Geffen Sothebys International Realty
50 Masonic Street
Port Alfred
6170
Freehold Erf 8443, originally three plots, has been consolidated into a 1379 square metre parcel, providing a flexible canvas for development. Prospective buyers can sub-divide at their discretion, customizing the property to individual preferences. Located within walking distance of the river and entrance, this plot effortlessly combines accessibility with the enchanting allure of natural beauty.
The consolidation not only ensures ample space but also offers the added benefit of reduced municipal rates, while levies are calculated based on the original six erven.
Each plot at The Riverview Waterfront Estate is meticulously optimized for size and shape, ensuring unobstructed views while preserving the natural surroundings. Building height restrictions, capped at 3.60 metres from the highest point, enable multi-level construction for a residence maximizing panoramic vistas without compromising neighbour privacy.
Setting itself apart with infrastructure, The Riverview Waterfront Estate features specially crafted 'oubaai' cobble pavers and concrete edging on roads to minimize wear and tear. Oversized underground drainage pipes guarantee efficient stormwater disposal, emphasizing a steadfast commitment to quality and longevity.
For detailed information and an exploration of the limitless potential inherent in this extraordinary property, we invite you to connect with the dedicated listing agent. Your journey toward a distinctive and bespoke lifestyle begins here.
Property Reference #: 6263528
Agent Details:
Mauneen Charter
Lew Geffen Sothebys International Realty
50 Masonic Street
Port Alfred
6170
Id Subtitle 1252592460
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Estimated monthly repaymentR 3,577
Total property loan amountR 330,000
Total interestR 528,296
Total repaymentR 858,296
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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Lew Geffen Sothebys International Realty
Selling for 3+ years
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