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2,574m² Vacant Land For Sale in Bowtie

R6,800,000


Monthly Bond Repayment R71,349.41
Calculated over 20 years at 11.25% with no deposit.

Web Ref No WPI4562

A Unique Two-Fold Opportunity for Development

JOINT MANDATE
"DEVELOPERS ALERT"

The first option is to purchase the development land, or the second option is to purchase the property including all the existing buildings, at a price to be discussed with you.
Either way, you can make this work!

FIRST OPTION -
This incredible piece of land holds immense potential and awaits a dedicated developer to bring it to life. Spanning an area of 2,574 m2, this plot offers limitless possibilities for development.
SECOND OPTION
With its commercial zoning, the existing buildings can be repurposed for various ventures, such as accommodations, a retirement facility, sectional offices, a clinic, and more.

Alternatively, if rezoned for residential use, the land can accommodate the construction of double-story homes. Situated within the Whalesong Hotel premises, this property provides an opportunity to access shared amenities like the pool, laundry facilities, reception area, and restaurant. The shared costs of maintaining the common property add to the appeal.
The standout feature of this plot is the breathtaking panoramic views it offers, encompassing the lagoon, sea, and mountains. Additionally, its strategic location ensures convenient access to shops, the hospital, the beach, and other essential amenities.
Price is vat exclusive

Features

Land Size 2,574m²
Monthly Rates R8,250.00
Extras

Views: Mountain
Locality: Close To Beach
Locality: Close To Shops
Water Supply: Town Supply
Sewerage: Mains

Agent Contact Details

Liza Thomas-Westwood
Principal Property Practitioner
Registered with PPRA
(FFC 009 678 6)

Cell 083 489 2585
Office (076) 8439135
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