A vacant level erf in a desirable location with the possibility of a sea view . Being close to schools and the CBD adds even more appeal for potential buyers or residents. A property with the flexibility to either build a family home or include a separate unit for extended family or rental income has a lot of potential. It could appeal to a wide range of buyers, especially those looking for a multi-generational living setup or a way to generate passive income.
If the area is popular, close to schools and the CBD, it could attract both families and investors looking for rental opportunities. Are you thinking of developing it yourself, or are you looking to market it to others who might want to take on the project?