Commercial Vacant Land in Fast growing Development Jeffreysbay

R 1,070,000

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For Sale By:Agency
Description
This strategically positioned 1625sqm stand is located near The Fountains Mall

Jeffreysbay is one of the fastest growing towns in South Africa with a 60% surge in sales during 2021

Fountains Estate in JeffreysBay is a 600 hectare mixed-use development comprising a Regional Shopping Mall, a Business Park, a Retirement Village, Clinic and Industrial Park .

With Fountains Mall establishing itself as a new commercial and retail growth node, Fountains Business Park is strategically positioned around Fountains Mall and along the main access road into Jeffreys Bay, providing excellent commercial property investment opportunities.

With national retailers like Game, Woolworths , Edgars, Dis-Chem and Pick n Pay established in the mall, the Business Park has seen companies like VW (Dirk Ellis Motors) , BUCO and Tiger Wheel and Tire investing.

The value of Fountains Business Park’s location is that it is located where the bulk of regions traffic occurs as a result of the shopping mall and that it is built on modern infrastructure.

The growth in the property values around the mall are expected to follow the same trend as properties around the malls in Ballito, George and Somerset West.

Jeffreys Bay (Afrikaans: Jeffreysbaai, also known as J-bay) is a town located in the Eastern Cape province of South Africa. The town is situated just off the N2 Highway, about 75 km southwest of Port Elizabeth.

Jeffreys Bay is a popular tourist destination because of its surfing opportunities and the Blue Flag beach. Jeffreys Bay is famous for abundant seashells, great seafood and calamari.

The Jeffreys Bay region is renowned for its gorgeous beaches, never ending summers, plentiful shells and is best known as “the Surf Mecca of the World”. The beautiful beaches are safe for bathing and provide endless excitement for water sports. Not far from Jeffreys Bay lies the charming town of St Francis Bay.

Property Reference #: 2210095

Agent Details:
Johan Ferreira
Milieu 2000
The Fountains, Outeniqua Avenue
Jeffreys Bay

Id Subtitle 1150423186
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Estimated monthly repaymentR 11,596
Total property loan amountR 1,070,000
Total interestR 1,712,960
Total repaymentR 2,782,960
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Milieu 2000
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