Vacant Land For Sale in Paradise Beach, Jeffreys Bay

R 5,300,000

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2 months ago67 views
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General Details
For Sale By:Agency
Description
Developers dream location!
Paradise Beach, Jeffreys Bay in Eastern Cape
Paradise Beach's property market has been booming. Home-owners and investors love the peacefulness of the area, with golden beaches and many greenbelts to keep the wildlife roaming freely in the area. Amenities are around and under 10km's drive, from schools to shopping malls, medical support to entertainment. The attraction to Paradise Beach is that of being a secure neighborhood through strong community support, as well as the natural beauty and quietness of the area. It is also a preferred holiday destination, as the Jeffreys Bay area offers many activities to the holiday makers, outdoor galore and fun family entertainment.
This flat 3,0707 ha land is zoned as "resort', but rezone and it could be an ideal canvas for a keen architect to design modest contemporary residential units, being inspired by the sheer natural beauty of the area. It is also just over 500 meters to the golden beach that stretches from St Francis Bay (the Kromme River Mouth) though to Jeffreys Bay. The Paradise Beach Airfield is situated a kilometer away.
With the demand for housing and accommodation in the greater Jeffreys Bay area, from holiday accommodation through to property buyers and long term rental accommodation, this vacant land will be ideal and is ideally located.

Property Reference #: 7002001-47395

Agent Details:
Cathy Stewart
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Id Subtitle 1261952204
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Estimated monthly repaymentR 57,437
Total property loan amountR 5,300,000
Total interestR 8,484,754
Total repaymentR 13,784,754
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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eXp Realty - Steven Johnstone Group
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