R1,699,999
R1,699,999
Monthly Bond Repayment R18,129.29
Calculated over 20 years at 11.5% with no deposit.
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Prime Vacant Land in Walmer Location
PRICE EXCLUDES VAT
Location: Victoria Drive, Walmer location, in Gqeberha, Eastern Cape, South Africa
Size: 43,000 sqm (4.3 hectares)
Zoning: Community 1
The area was previously characterized by low-density farmsteads. Over the years, the area has evolved to include sports fields, residential uses, and community-related facilities. Special purposes, Residential 3, Residential 4, Public Open Space, and Community 3 are in close proximity. Considered a strategic location due to accessibility to major routes within the metro.
Under current zoning Primary uses allows for the following : Child Care Facility, Clinic, Place of Assembly, Place of Worship, Place of Instruction. Special consent is required for adding Freestanding Base Telecommunication Station, Rooftop Base, Telecommunication Station, Sport Facility.
Property Condition:
The property consists of undeveloped and currently open spaces due to vandalism of the existing buildings. The land is strategic located adjacent to major traffic route (Victoria Drive), providing excellent access to key routes, enhancing its overall appeal.
Potential: With correct zoning, this expansive land offers lucrative development possibilities.
Amenities:
4km to the Dawid Stuurman International Airport
Within 3km of popular shopping centres Kings Court Shopping Centre, Builders Warehouse and Access Retail Park and within 6km to Walmer Park Shopping centre
Within 2km to local primary and High Schools
Unlock the potential of this strategically located Walmer Location property. Inquire now!
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