R7,000,000
R7,000,000
Monthly Bond Repayment R73,447.92
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
Prime Development Opportunity-Rezoned and all Approvals in place in Franskraal
Unlock the Potential
Discover an extraordinary opportunity to develop 84 residential units on a sprawling 1.1 hectare plot, the units are a 3 storey apartment spanning over 2.571-hectare in the scenic Franskraal. The land is situated 900meters from the beach. This prime land, already zoned for residential use, promises a thriving community with modern amenities. Whether you would prefer to build a retirement village or a gated community this land is suited for you.
Exceptional Development Plan
Structures:Three 3-Storey Apartment Block:Consisting of 20, 40 and 24 units. Ranging in size of 69.52sqm to 72.84sqm.
Amenities:Residents will enjoy a refreshing swimming pool.A clubhouse will serve as a central hub for community activities.Walkways and open spaces will provide scenic areas for relaxation and recreation.Comprehensive roads and infrastructure will ensure seamless connectivity within the development.
Ideal Location:Address:FranskraalConnectivity:This development is ideally situated next to the R43 Road, providing easy access from Gansbaai to Pearly Beach.
Ready for Development:The Environmental Management Plan (EMP) has been submitted and approved, ensuring the development meets environmental standards.A comprehensive engineering report has been completed and is available for further discussion with the engineering team.Apartment Sizes according to the existing floor plan:42 units of 71 sqm each.10 units of 72.82 sqm each.2 units of 69.52 sqm each.Water and electricity allocations are completed and approved, ensuring the development is ready for immediate construction.Current floor plan shows 54 apartments however the approval to develop is for up to 84 units.
Current Use:The site currently includes a building.
Ideal for Developers:This development is perfect for creating a retirement village or a gated community, offering a tranquil and secure living environment.
Don't Miss This Opportunity!
Contact us now to explore this prime development site in Franskraal. Detailed reports and further discussions with our engineering team are available upon request.
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.