R 24 000 000 | land property for sale in st michaels

Property Description


The increased demand for retirement villages and lifestyle complexes on our South Coast makes this 12.4-hectare property and intelligent proposition for such future development. Extremely valuable property - only one left for development. Shelly Beach has become the new Mecca of our beautiful South Coast of Kwa Zulu Natal, with two major shopping centers, ocean charters, top restaurants, and blue flag beaches. The South Coast has become extremely popular for retirement due to warm weather, beautiful beaches, exciting eco-environment, 7 championship golf courses, and a hotel and Casino. The increased demand for retirement villages and lifestyle complexes on our South Coast makes this 12.4-hectare property an intelligent proposition for such future development. The property is zoned General Residential 3 and town planning office estimates 300 units as the quote. The existing hall is ideal for functions and the pub and swimming pool is a draw-card. Enough space for bowling greens, tennis courts, and even a few par 3 short holes. A prime property awaiting a developer to satisfy the urgent demand for retirement projects.


Property Details

Purchase PriceR 24 000 000

Type of PropertyLand

Monthly Rates9600

FurnishedYes

Land Size124080 m2

Last Updated11 Sep 2019

Property Location


AddressSprink Road, St Michaels, Hibiscus Coast, KWAZULU-NATAL, South Africa

Similar Property for sale in surrounding areas

  Busy loading results...

Property Location


Agent

Guy Yeadon

Share

Add Email Alert
To receive emails for similar properties in St Michaels!