R 6 800 000 | land property for sale in cutty sark

A Unique Opportunity For A Developer Dual mandate. This piece of land with development rights and endless potential is waiting for a serious developer. With 2,574 sq meters the stand offers the opportunity to develop a variety of options. Zoned commercial the current buildings could be utilised for accommodation, retirement facility, sectional title, offices, clinic etc. Alternatively, if rezoned residential, double story homes can be built. Situated within the Whalesong Hotel premises there is the opportunity to share facilities such the pool, laundry, reception, restaurant and the costs of common property. The panoramic views from this property across the lagoon, the sea and the mountains are spectacular and a prime feature of this stand. Another bonus with this property is that it is perfectly positioned for easy access to shops, the hospital, the beach and all other amenities. Considering the current development in Plett this is an outstanding investment opportunity for the serious investor, and the right development on this land will ensure fantastic ROE. The timing of this development is in line with the rapid expansion of Plettenberg Bay's residential and commercial development and the only property currently available with development rights in place. Asking price excludes VAT Disclaimer: While every effort will be made to ensure that the information contained within the Hamiltons Property Portfolio website is accurate and up to date, Hamiltons Property Portfolio makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.