219 ha Land available in Bela-Bela (Warmbaths)

R 21 400 000

Joleen Stapelberg

Dick & Sue-Home Finders

219 ha Land available in Bela-Bela (Warmbaths)

R 21 400 000

1000 development
Can I afford this?
Land Area 219 ha

This exciting development property has recently become available. This site has the enviable position of having all of the development rights in place, with the subdivision process already being completed. The development team have also received the Section 38 certification, enabling subsequent transfer to take place. A potential developer can proceed with the relevant property sales and further develop the property immediately after transfer.

Size: 219 Hectares

Location: 80km north of Pretoria, adjacent to the Settlers/Codrington turnoff, near the town of Bela Bela. The eastern boundary is the N1 highway, and the western boundary being the R101 arterial route. This site was originally chosen for its location and availability of services.

Zoning Rights: Environmental approval has been issued. The complete township has been proclaimed. The site has been subdivided into numerous portions with various rights allocated to each one. The development has been registered in the deeds office, with the Certificate of Registered Title available.

The zoning for the development site include:

Stands 1 to 44 (Houses)

Use Zone:..... Residential 1

Height Restriction: ........... 2 Storey's

Site Coverage: ............... 50%

Density: ........ 1 Dwelling per Erf

Erf 45 (Chalets/Villas)

Use Zone:............ Residential 2

Height Restriction: ............... 3 Storey's Site Coverage: ..................... 60%

Floor Space Ratio: ................ 1.2

Special for Welcome Centre and Administration Building. Height Restriction: ........................ 2 Storey's Site Coverage: ....................................... 60% Floor Space Ratio: ..................... 1.0

Erf 49 (Restaurants, Conference Centre and Children's Centre)

Use Zone:.............. Special for Restaurants, Bars, Conference Centre, Children's Centre with related uses

Height Restriction: ............. 2 Storey's

Site Coverage: ..................... 70%

Floor Space Ratio: ..................... 1.2

Erf 51 (Lodge/Hotel Type Development)

Use Zone:................. Special for Lodge Type Development with related uses

Height Restriction: ...... 2 Storey's

Site Coverage: ......................... 70%

Floor Space Ratio: .................. 1.2

Erf 52 (Water Theme Park)

Use Zone:.......... Special for Restaurant, Bars and Water Theme Park with related uses.

Height Restriction: ......... 2 Storey's

Site Coverage: .............. 70%

Floor Space Ratio: ......... 1.2

The important factor in determining the value of this property is that the current rights may be changed, and the balance of the property may also be further subdivided, if the intent is to extend the development footprint.

Infrastructure Services: Water rights have been granted from Department of Water Affairs. There are two municipal water connections on-site. On the western boundary there is an Eskom connection.

The Geo-technical, Geo-hydrological and Approval Documents are available on request.

The project developers have a full set of financials, including viability studies on the proposed development footprint.

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Joleen Stapelberg

Joleen

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Experience Bela-Bela and surrounds

With its name coming from the geothermic hot springs around which the town was built, this area is also known by the name Warmbaths. Bela-Bela offers many things to do including excellent sport and recreation, Big Five game viewing, hiking, quad bikes and much more. There are restaurants to suit every taste within the town and particularly at the Waterfront complex.

The waterfront bridge in Bela-Bela and surrounds
A restaurant in Bela-Bela and surrounds
Find out more about Bela-Bela and surrounds

219 ha Land available in Bela-Bela (Warmbaths)

R 21 400 000

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