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R4,880,000

Incredible Development Opportunity with Spectacular Sea Views

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.

Features

0
0
Title:
Freehold
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Floor Size
500m²
Land Size
13,472m²
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

69,310.38

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