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Development Land - Garden Route
Prime coastal development land near George- panoramic views(C1588)
Spectacular coastal property for sale!
Price: ZAR 45 million
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Size: 42 ha
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Location: This beautiful coastal development estate is situated south of the town of George, in an area called Hansmoeskraal. It is nestled between the Le Grand Golf Estate, Oubaai Golf Course and the Indian Ocean. The property is just 8 km from the centre of George.
This estate is part of an area of 600 ha which is earmarked for future development by the town of George. George will then be a coastal town, with this property being the most exclusive high-end property.
Description: This estate is 42 ha in extent, and slopes down to the rugged coastline. The vegetation is a mix of coastal forest, fynbos and grass. About 5 ha of the land is coastal fynbos, and this would form part of the natural open spaces in any development.
The property enjoys panoramic 180 degree views of the Indian Ocean. The gentle contours of the land makes it easily accessible, and also allows magnificent views of the Outeniqua Mountains.
One can experience and enjoy wild life on the estate, from roaming bush buck, to whales, dolphins and even occasional seals.
Access to the property will be via a newly constructed tar road. With the neighbouring property development of Le Grand Golf Estate, all the necessary municipal bulk services will be available.
The George Municipality has approved an application for township development for this land. The location of this magnificent property is prime- it is within the "Spatial Development Framework- Urban Structure" of George, and is identified as within the "medium urban edge".
The indication from the George Municipality is that they would support an application with higher density and mixed special usages, such as hotel, resort, medical, etc.
Here are some development options for this prime coastal property: - Lifestyle residential estate with club house, spa, etc - Retirement village with medical clinic, frail care facility, etc - Resort with self-catering chalets - Hotel complex with restaurant, conference and entertainment centre - Corporate lodges - Exclusive high-end rural living with 2 units per ha.
The transaction will exclude 2 small portions of the property, which will be incorporated into any future development of the estate. Please contact us for more details on this excellent coastal investment and development opportunity.
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