R 2 750 000 | investment property for sale in manaba beach

PLEASE WATCH VIDEO CLIP! PLEASE READ DESCRIPTION! DUAL MANDATE! Bypass 12–24 months of municipal red tape and holding costs. This shovel-ready, high-density residential development package is available for immediate acquisition in a prime South Coast location, walking distance to Blue Flag Lucien Beach and local amenities. Perfect for sectional title developers, retirement syndicates, or private property funds. Financial Overview ·Purchase Price: R2,750,000 (Land, active zoning, and plans) ·Estimated Construction Cost: R7,000,000 (R3.5M per block) ·Total Investor Outlay: R9,750,000 ·Gross Realizable Value (Exit): R23,310,000 ·Projected Net Profit: R13,560,000 ·Projected ROI: 139.08% Project Specifications ·Structure: 2 Blocks (3 storey's per block, 7 units per floor) ·Residential: 42 Premium micro-units (Projected exit: R450,000 each) ·Garages: 14 Sectionalized lock-up garages (Projected exit: R315,000 each) ·Parking: 28 Remaining units serviced by covered carports ·Zoning: Active medium-density residential (Ray Nkonyeni Municipality) Investment Highlights ·Prime Location: Highly sought-after coastal precinct ideal for semigration, affordable retirement living, or holiday rentals. ·Risk Mitigation: Seller open to an Offer to Purchase (OTP) suspensive upon final municipal reinstatement of building plans. ·High Demand: Micro-villas paired with secure lock-up garages perfectly match the local downsizing retiree and coastal investor profiles.