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

Property Description

Prime Residential Development Opportunity | Manaba Beach, Margate Fully Zoned Land with Plans for 42 Micro-Units & 21 Lock-Up Garages Bypass municipal red tape and unlock a high-density, high-yield investment on the South Coast. Located within walking distance of the pristine, Blue Flag Lucien Beach, this shovel-ready development package offers an exceptional investment opportunity for sectional title developers, retirement living syndicates, or private property funds looking to maximize returns in a high-demand coastal pocket. Active zoning saves 12 to 24 months of holding costs, allowing you to break ground rapidly on a project tailored for modern coastal living, secure retirement, or lucrative holiday rentals. Please note that the architectural plans are sold as-is, and the final reinstatement process with the municipality must be undertaken and completed by the buyer. Project & Architectural Highlights ·Smart Block Design: Two sleek residential blocks featuring 21 units each, intelligently configured with 7 units per floor to maximize space and natural light. ·Premium Garage Layout: 21 sectionalized lock-up garages designed to cater to high-value storage needs. The layout consists of 14 integrated garages (7 per block) plus 7 separate standalone garages. ·Optimized Parking: The remaining property footprint is perfectly allocated for covered carports, ensuring ample parking for residents and guests. ·High-Yield Storage Appeal: The 21 high-value lock-up garages are highly appealing to retirees and holidaymakers needing secure storage for boats, trailers, and leisure vehicles. Location Perks ·Prime Coastal Pocket: Situated in the sought-after Manaba Beach area of Margate, known for strong holiday rental and retirement demand. ·Beachside Convenience: Safe, easy walking distance to the famous Blue Flag Lucien Beach, local shops, and coastal amenities. Note: Serious cash buyers and institutional investors only. Architectural layouts and zoning details are available in the full Investment Prospectus. Plan reinstatement to be managed and completed at the buyer`s cost.


Property Details

Purchase Price R 2 750 000

Building Size0.00 m2

Monthly Rates1400.00

Type of PropertyInvestment

Land Size1858.00 m2

Last Updated24 Jul 2026

General Features

Water TankYes

Property Location

Similar Property in nearby suburbs

Agent

Veronica Janse van Vuuren

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