R 1 500 000 | land property for sale in port edward

Property Description

Two adjoining stands in Valley Road and Boundary Road, Port Edward zoned as medium impact 2 intermediately which allows for 20 units per hectare. The stands have had an environmental impact study done. Both stands are planted to gum Trees which have been felled periodically. The stand in Valley Road is a gently sloping stand which bounds directly onto Valley road, with good road frontage and good views over Port Edward and the sea. The stand in Boundary Road borders onto the Golf course and the South African police properties. A gently sloping stand with great views over Port Edward and good sea views. There is a road servitude which connects both stands. Valley road is zoned for development. The stands have access to municipal water, but no Eskom connection. Port Edward has developed exponentially with new businesses, and further expansion has been planned in Owen Ellis drive. Valley Road will be the main entrance into Port Edward when the Toll road expansion through the eastern Cape is fully developed. Port Edward is on the border of KZN and the Eastern Cape. Strategically situated for businesses which will cater for the Eastern Cape and from the new toll road. Both properties are in a CC which has a trading loss. The CC is VAT registered and no transfer costs will be incurred for the purchaser. Two well priced development stands.

Property Details

Purchase Price R 1 500 000

Monthly Rates2512

Type of PropertyLand

Land Size42070 m2

Last Updated25 Mar 2024

Property Location

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Stephanie Harries


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