Nestled between the picturesque coastal towns of George and Wilderness lies the magnificent little piece of heaven called Victoria Bay.
A mere 5km each way, situated in the woods and overlooking the ocean this 1550 sqm plot is known as The Garden of Eden A must see for the serious , nature lover as you will enjoy forest life with all its joys. Potential cash buyers only can purchase shares in a company which means you own a portion of land in this company. It is not a trading company and is debt free, only a company in name.
The transaction will materialize as follows: One buys shares in the company which means you own your piece of land infinitely, in an unlimited extend of time or until you decide to resell. One will be part of a small community on the plot consisting of four households, each owned individually and run as pleased, respecting each other and private from each other. This means it will be cash sale, no transfer duties, no taxes. Only the transferring of shares, which takes about 3-4 days. The levy is R560.00 per month and includes water and municipal levies. Each owner has its own pay- as you -go electricity box (only 4 plots in total and 3 house have been built already). This plot is part of a 3 Ha development. A few requirements involve: Outside colors of walls to fit in with existing houses. This outstanding greenbelt area is home to many indigenous trees and plants. The idea is to keep many of them intact and unharmed. An Oscae permit is in place, there are building plans available for a 2-bedroom house, maximum 180sqm footprint allowed to be built. Only approval for building plans needs to be done at Municipality of George. Reliable builder with excellent track record could be referred that could include project management.
Size of plot: 200 sqm / m2
Size of home to build: 180sqm/m2 ( Footprint) A double story of 360 sqm /m2 is allowed.
Feel free to contact me for a private viewing.
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