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Gentleman's coastal estate with development potential(F0814)
Sea and mountain views! Price reduced!
Price: ZAR 12 million
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Size: 32,0192 ha
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Serious seller! Price dramatically reduced!
Location:
This property is situated about 3 km to the south-west of the George suburb of Pacaltsdorp, in an area called Hansmoeskraal. It is approximately 1,5 km north of the Gwaing River mouth and the Indian Ocean.
It is just 6km from centre of George and 15 km from the George airport.
Description:
This property is fairly rectangular in shape, except for the southern part, bordering the Gwaing River. It has an even surface with the southern part sloping down towards the river. The property enjoys both mountain and sea views.
The land is currently used for grazing cattle. No infrastructure except for fencing, roads and cattle gates. There is naturally occurring game such as bush buck on the farm.
Neighbours:
Oubaai Golf Estate to the south-west.
Le Grand Golf Estate to the south-east.
Municipal owned land that forms part of the Gwaing River Mouth Nature Reserve to the west and south.
Proposed Gwaing River Estate with total development of 3 830 dwelling units and 23 475 sqm space for business purposes to the north and east.
Development potential:
Development of this property is seen as medium to long term. Services at this stage are still limited and will have to be upgraded once the proposed Gwaing River Estate has been successfully approved and commissioned and then all bulk services would be available.
Master plans from the Municipality already exist for the Hansmoeskraal area as this area is earmarked for Township. Development land in and around George with good location is very scarce which makes this an excellent investment as George is the established administrative and regional hub of the Southern Cape region, and is rapidly developing into the next metropolis of the Western Cape.
This prime property is well priced to be marketed as a gentleman's estate which can be developed into an exclusive nature reserve overlooking 2 world class golf courses, and with river frontage as well as sea and mountain views.
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