One of an exclusive 11 stands, this
vacant stand is literally metres from the surf of the Indian Ocean.
It's prime location is enhanced by
being in the much sought after and up-market suburb of Uvongo.
This vacant stand, 1565sqm in extent,
has already established lawns that run from the street side
perimeter wall and access gate, over a gentle slope down to the
massive rocks at the surf's edge.
Since the beginning of time, the
Indian Ocean has pounded and shaped these rocks, forming a
fascinating series of rock pools to be explored at low tide.
Unquestionably a prime spot for
development, an added bonus is the property alongside this vacant
stand is also on offer by the same owner. Thereby, expanding the
Mention has to be made, that the
property alongside, has an existing 3 bedroom home, presently
generating a rental income.
Being a solid blue chip investment
opportunity, a smart developer could maximize the vacant stand, and
possibly the residential home on offer next door, to develop
and sell, plus retain a unit for personal use at minimum personal expense.
Municipal rates and taxes are a
reasonable R2876.00 over 10 months annually.
The up-market suburb of Uvongo on the
beach side of the main road comprises a good mixture of high calibre
homes and high calibre sectional title developments.
Add to this, the main beach with year
round lifeguards and kiddies pool a stroll down the road, the
development opportunity is enhanced further, as the region is
renowned for its year round sub-tropical climate.
Additionally, several professional
golf courses, two major shopping malls, a variety of restaurants and
6 cinema houses are within minutes driving distance.
On its own, oe combined with the
property next door, this is a genuine blue chip find.