Spectacular Development Opportunity in Britannia Bay

R 14,175,000

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25 days ago16 views
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General Details
Location:
For Sale By:Agency
Description
This exquisite piece of vacant land is situated in Britannia Bay. The town is already built to full capacity, and the only expansions that can take place are at Schoongezicht. Surrounding developments have sold out quickly, and house prices range from R2.7m to R6.5m in the area. Britannia Bay has a new road that separates the village from St. Helena Bay, making it very exclusive. The road takes residents 15 minutes to access good schools, a Netcare hospital, and the Weskus Mall with stores such as Woolworths, Checkers, Mr. Price, among others, in Vredenburg. Britannia Bay is very safe and enjoys the West Coast feeling of luxury. The land is within walking distance of three beaches. The town needs a filling station, shopping center, a school and it can form part of the development. The land's presentation and vision align with the municipality's plan for the bay. No valuable flora and fauna have been found on the land. The land is very special and one of the very few available for this type of development. The demand for retirement and secure housing is very high. Britannia Bay is 172km from Cape Town Airport with a travel time of 2 hours.
Please contact us to arrange a viewing!

Rates And Taxes: 2000
Property Reference #: 452

Agent Details:
Isabelle Geldenhuys
Property Pointer
24 Streepswaelsingel, Vogelsnag Landgoed, Mossel Bay

Id Subtitle 1278518924
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Estimated monthly repaymentR 153,616
Total property loan amountR 14,175,000
Total interestR 22,692,715
Total repaymentR 36,867,715
Interest rate at 11.75% for 20 years *
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