EXTRAORDINARY VACANT LAND OPPORTUNITY IN SECURE WATERFRONT ESTATE

R 435,000

Can I afford this?
4 months ago38 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
For Sale By:Agency
Description
EXTRAORDINARY VACANT LAND OPPORTUNITY IN SECURE WATERFRONT ESTATE
A rare opportunity awaits in Port Alfred with this exceptional vacant erf situated within the esteemed Riverview Waterfront Estate. This up-market, scenic eco estate seamlessly harmonizes breathtaking views and wildlife with the secure tranquility of a private gated community.
Freehold Erf 8446, originally encompassing six plots, has been consolidated into an expansive 1475 square metre parcel, providing a versatile canvas for visionary development. Prospective buyers have the option to sub-divide at their discretion, adding a layer of flexibility to suit individual preferences. Nestled within walking distance of the river and entrance, this level plot effortlessly blends accessibility with the allure of natural beauty.
The consolidation of plots not only offers ample space but also brings the added benefit of reduced municipal rates, although levies are calculated based on the original six erven.
Crafted by an architect with a keen eye for the end result, each plot at The Riverview Waterfront Estate is thoughtfully optimized for size and shape, ensuring unobstructed views while maintaining the integrity of the natural surroundings. Building height restrictions, capped at 3.60 metres from the highest point, allow for multi-level construction, enabling the creation of a residence that maximizes panoramic vistas without compromising the privacy of neighboring properties.
The Riverview Waterfront Estate is distinguished by its unparalleled infrastructure, featuring meticulously crafted 'oubaai' cobble pavers and concrete edging on roads to minimize wear and tear. Oversized underground drainage pipes guarantee efficient stormwater disposal, underscoring a commitment to quality and longevity.
For comprehensive details and to explore the limitless potential of this extraordinary property, we invite you to contact the listing agent. Your vision for a distinctive and bespoke lifestyle begins here.

Property Reference #: 6253417

Agent Details:
Mauneen Charter
Lew Geffen Sothebys International Realty
50 Masonic Street
Port Alfred
6170

Id Subtitle 1252499764
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 4,715
Total property loan amountR 435,000
Total interestR 696,391
Total repaymentR 1,131,391
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.
RECALCULATE
Lew Geffen Sothebys International Realty
Selling for 3+ years
Total Ads288
Active Ads288
Professional Seller
Seller stats
288Total Ads
464.23KTotal Views
Contact Lew Geffen Sothebys International Realty
082*******Show Number
Message
(3981)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.