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Incredible Development Opportunity with Spectacular Sea Views
R 4,880,000
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8 months ago67 views
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General Details
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Description
Unlock the gateway to a lucrative investment nestled adjacent to the prestigious Banners Rest Estate. This expansive plot of land, now available for purchase, offers a pristine canvas for cultivating a harmonious residential enclave in this highly sought-after locale. Seamlessly integrated with the existing architectural tapestry, this property presents an unparalleled opportunity to craft units that echo the charm of the neighboring estate.
Key Highlights:
Prime Location: Positioned alongside the esteemed Banners Rest Estate, this property boasts a coveted address with close proximity to the coastline, inviting refreshing sea breezes and a desirable coastal lifestyle.
Development Potential: With a layout and features conducive to expansion, this property offers a remarkable opportunity to extend the legacy of its prestigious neighbor. Its spacious layout accommodates up to 24 units, presenting the ideal canvas for creating an elegant residential community.
Investment Appeal: Forward-thinking investors are invited to spearhead this transformative project, steering it towards a successful realization. The stage is set for crafting a living experience that resonates with the discerning tastes of the local community.
Popular Accommodation Style: The envisioned development aligns with the prevailing trends in accommodation preferences for the area, promising a venture that is both lucrative and in high demand.
Spectacular Views: Elevated to offer breathtaking sea vistas, the property promises future residents an unparalleled living experience that rejuvenates the soul and captivates the senses.
Port Edward's Growth: With Port Edward experiencing robust growth, the demand for premium accommodations has surged. This project stands ready to meet this demand and contribute significantly to the region's advancement.
Seize the Opportunity: Embrace the chance to be a part of this transformative project that not only reflects market trends but also embraces the essence of the local community. Contact our dedicated agent today to schedule a site visit and witness firsthand the boundless potential of this extraordinary piece of land. The future of premium coastal living beckons—act now to make it yours.
Property Reference #: CL94
Agent Details:
Gert Van Zyl
Real and Proper T
No 1 Bank Street (Corner Bank Street and Marine Drive)
Margate
KwaZulu Natal
Key Highlights:
Prime Location: Positioned alongside the esteemed Banners Rest Estate, this property boasts a coveted address with close proximity to the coastline, inviting refreshing sea breezes and a desirable coastal lifestyle.
Development Potential: With a layout and features conducive to expansion, this property offers a remarkable opportunity to extend the legacy of its prestigious neighbor. Its spacious layout accommodates up to 24 units, presenting the ideal canvas for creating an elegant residential community.
Investment Appeal: Forward-thinking investors are invited to spearhead this transformative project, steering it towards a successful realization. The stage is set for crafting a living experience that resonates with the discerning tastes of the local community.
Popular Accommodation Style: The envisioned development aligns with the prevailing trends in accommodation preferences for the area, promising a venture that is both lucrative and in high demand.
Spectacular Views: Elevated to offer breathtaking sea vistas, the property promises future residents an unparalleled living experience that rejuvenates the soul and captivates the senses.
Port Edward's Growth: With Port Edward experiencing robust growth, the demand for premium accommodations has surged. This project stands ready to meet this demand and contribute significantly to the region's advancement.
Seize the Opportunity: Embrace the chance to be a part of this transformative project that not only reflects market trends but also embraces the essence of the local community. Contact our dedicated agent today to schedule a site visit and witness firsthand the boundless potential of this extraordinary piece of land. The future of premium coastal living beckons—act now to make it yours.
Property Reference #: CL94
Agent Details:
Gert Van Zyl
Real and Proper T
No 1 Bank Street (Corner Bank Street and Marine Drive)
Margate
KwaZulu Natal
Id Subtitle 1227042094
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Estimated monthly repaymentR 52,885
Total property loan amountR 4,880,000
Total interestR 7,812,378
Total repaymentR 12,692,378
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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Selling for 3+ years
Total Ads390
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