R 6 000 000

Vacant Land / Plot for Sale in Sea Park

Sea Park, Port Shepstone

46 198 m²
- m²: 46 198 m²
- Hectares: 4.62 ha
- Acres: 11.416 acres

Developer Opportunity: Prime Land for Development in Sea Park

This is a unique opportunity to invest in a large parcel of land in the picturesque Sea Park, ideal for developers looking to build in a thriving coastal community. The land offers versatile options for development, with a sectional title erf of 46,198 square meters and five additional free-standing stands located within the exclusive UKUSA River Estate.

Key Features:

Sectional Title Erf (555): 46,198 sqm of land available for development until August 2028.

UKUSA River Estate: Part of the Milkwood development, which currently includes 20 out of 70 semi-detached units, some of which are already occupied.

Development Potential: 50 semi-detached units remain unbuilt and are ready for construction. These units are marketable and offer significant potential for sale.

Priority Infrastructure: It is highly...

Developer Opportunity: Prime Land for Development in Sea Park

This is a unique opportunity to invest in a large parcel of land in the picturesque Sea Park, ideal for developers looking to build in a thriving coastal community. The land offers versatile options for development, with a sectional title erf of 46,198 square meters and five additional free-standing stands located within the exclusive UKUSA River Estate.

Key Features:

Sectional Title Erf (555): 46,198 sqm of land available for development until August 2028.

UKUSA River Estate: Part of the Milkwood development, which currently includes 20 out of 70 semi-detached units, some of which are already occupied.

Development Potential: 50 semi-detached units remain unbuilt and are ready for construction. These units are marketable and offer significant potential for sale.

Priority Infrastructure: It is highly recommended that the frail care facility be developed first, attracting early clients and helping to drive demand for the remaining 50 units.

Future Development: Four apartment buildings with 200 apartments, as well as retail spaces, dining rooms, and lounges, are part of the overall master plan. These buildings must be completed within the specified time frame as outlined in the development terms.

Location Highlights:

Proximity to Essential Services:

5.5 km to state and private hospitals

1.7 km to the beach and rock pools

Shops within 2.5 km

Police station just 4.4 km away

Close to Amenities: Churches, accommodation options for visitors, and various local amenities.

Tranquil Coastal Setting: Enjoy the serene atmosphere of this attractive coastal area, providing a superb environment for residents and visitors alike.

Existing Infrastructure:

Entrance gate

Tarred roads

Bulk electricity and water supply already in place

This is a prime opportunity for developers to invest in a highly sought-after, well-positioned site in the flourishing Sea Park coastal region. Offering significant potential for both immediate and future growth, this land is perfect for a developer looking for a profitable, long-term project. With existing infrastructure in place and the ability to capitalize on ongoing demand, this is a rare chance to develop in a rapidly growing area.

For further details and to schedule a site visit, please contact Real and Proper T today.

Listing number: P24-115344742, Image number: 1, Image

Listing number: P24-115344742, Image number: 2, Image

Listing number: P24-115344742, Image number: 3, Image

Listing number: P24-115344742, Image number: 4, Image

Listing number: P24-115344742, Image number: 5, Image

Listing number: P24-115344742, Image number: 6, Image

Listing number: P24-115344742, Image number: 7, Image

Listing number: P24-115344742, Image number: 8, Image

Listing number: P24-115344742, Image number: 9, Image

Property Overview

Listing Number

115344742

Type of Property

Vacant Land / Plot

Listing Date

16 December 2024

Erf Size

46 198 m²

Points of Interest

Bond Calculator

*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.