Vacant Land for sale in Ocean View

R 1,762,000

1 month ago190 views
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General Details
For Sale By:Agency
With more than 180 degree uninterrupted sea views, you can not miss out on this vacant plot located in the prime area of Ocean View, Bluff.

The property already has water, electricity and sewerage connections which saves the purchaser at least 400 thousand rand. Water and electricity meters are present on site, the supply has just been disconnected.

The property has plans for a triple story house, of which plans are complete and valued at 80 thousand rand, but need to be submitted to council.
It is above Marine Drive aka Millionaires Mile and is about 250 square meters short of being a double property as it is 1541 square meters in size. The excavated driveway is a shared driveway as it is 5 meters wide, so it allows for dual trafficking. That driveway is to he shared with the current owner as they live next door to the vacant land. The property has a downward slope. Monthly rates are R 520.00.

The property has walls on three sides, so just one more wall (at the lower, bottom end) of the property is needed in order to have it fully walled/enclosed. It is zoned as residential 900 so may have a private residence built, perhaps even according to the existing plans (if desired.. or plans may be altered where suitable, at the purchaser costs) or it may be rezoned for developers to build terraced units which would grant maximum use of the land, as well as allow sea views from all units. There are no rezoning fees payable to City council until the end of June 2021, neither are there fees payable for submission of plans.

Water, electricity and sewerage already available
Complete house plans included
Partly walled
Excavated driveway
Stunning, uninterrupted sea views
Prime area as location
Plot size: 1541 square meters
Monthly rates: R520

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Rates And Taxes: 520
Property Reference #: 935

Agent Details:
Ralph Reilly
Simply Online
145 Main Road, Walmer\nPort Elizabeth\nEastern Cape\n6070

Id Subtitle 979833082
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