52 ha farm in Port Elizabeth Central

R 6 950 000

Izelle du Plessis

Agrisell-Stellenbosch

52 ha farm in Port Elizabeth Central

R 6 950 000

Can I afford this?
3 Beds
Land Area 52 ha

Your own private retreat or your own exclusive estate within minutes from the city, the choice is yours. Opportunity abounds and you need only decide what you want to do as all the preparation has already been done, the plans, the lay-out, approvals, etc.

The property is to be sold complete with all development rights (local authority approvals) and as such is 100% ready for development. The development of the property is however not mandatory, i.e. the purchaser(s) may ignore the development rights and use the property for ordinary farming activities.

The local authority approvals warrant the development and sale of 24 No freehold land units within a gated Country Lifestyle / Gentlemen's Estate.

There is an existing farm house and horse stables on Stand No 1 of the proposed development, and it is an option to convert the existing house so that it reflects the theme of the proposed development.

The person(s) that purchases the property would have two development options if he/she/they want to proceed to implement the development rights. The two options are:

(i) Install the required services complete with a gate house and perimeter fencing, and sell the 24 No serviced stands (23No vacant stands + 1No stand with existing house), OR

(ii) Install the services, gate house and perimeter fencing, and sell the 24 No stands on a plot & plan basis inclusive of the construction of houses for the purchasers.

Preliminary work has been done to reflect/exhibit a theme for the proposed Country Lifestyle Estate, but the purchaser of the property can do his/her/their own designs, etc. to establish a desired theme for the development.

Whilst walking on the property and taking photos I felt as if I was on a different continent, I felt like Heidi in the Alps, the trees were magnificent and the weather certainly contributed to being nostalgic. The stables still smelled like horses and I could easily imagine having an equine estate where children can ride their horses whilst their dogs jogged merrily after. I could hear children laughing as they played hide and seek amongst the trees and when I discovered the pines a snow-white Christmas felt like reality.

Would I develop the estate or would I keep it all to myself? I really do not know but why dont you make an appointment? I will leave the choice up to you.

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Key Property Features

3
Bedrooms
Alarm
Kitchen
Pets Allowed

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Izelle du Plessis

Izelle

du Plessis

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52 ha farm in Port Elizabeth Central

R 6 950 000

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