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R 6 800 000

Vacant Land / Plot for Sale in Bowtie

Bowtie, Plettenberg Bay

Contact agent for street address

2 574 m²
- m²: 2 574 m²
- Hectares: 0.257 ha
- Acres: 0.636 acres

NO TRANSFER DUTY

Contact Agent

Liza Thomas-Westwood

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A Unique Two-Fold Opportunity for Development

JOINT MANDATE

"DEVELOPERS ALERT"

The first option is to purchase the development land, or the second option is to purchase the property including all the existing buildings, at a price to be discussed with you.

Either way, you can make this work!

FIRST OPTION -

This incredible piece of land holds immense potential and awaits a dedicated developer to bring it to life. Spanning an area of 2,574 m2, this plot offers limitless possibilities for development.

SECOND OPTION

With its commercial zoning, the existing buildings can be repurposed for various ventures, such as accommodations, a retirement facility, sectional offices, a clinic, and more.

Alternatively, if rezoned for residential use, the land can accommodate the construction of double-story homes. Situated within the Whalesong Hotel premises, this property provides an opportunity to access shared...

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Property Overview

Listing Number

112846168

Type of Property

Vacant Land / Plot

Listing Date

29 June 2023

Erf Size

2 574 m²

No Transfer Duty

Yes

Rates and Taxes

R 8 250

Pets Allowed

Points of Interest

Bond Calculator

Monthly Repayment:

Total Once-off Costs:
(Transfer Duty Excluded)

This property has been flagged as “No Transfer Duty” by the agent/seller, we have therefore excluded a transfer duty of from the total once-off cost calculation.

Min Gross Monthly Income:

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What do I qualify for based on my income?

What are the bond and transfer costs?

*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.