Overview:
An exceptional investment opportunity in the heart of Saldanha Bay — the Welgedaan Development offers a unique combination of natural beauty, secure living, and flexible development rights. This established multi-phase estate is designed to balance residential comfort with sustainable coastal living, overlooking the tranquil waters of the bay.
The development is backed by comprehensive approvals and documentation, including topographical maps, ROD (Record of Decision), architectural guidelines, and an approved master development plan.
Development Summary:
• Total Area: Multiple residential and high-density zones, including a 8.7 ha greenbelt
• Phases: 7
• Current Status: Phases 1–4 completed and partially transferred; Phases 5–7 available for development
• Zoning: Residential & high-density (orange zones)
• Ownership & Management:
o One Master HOA oversees the entire estate
o Four Sub-HOAs will govern the high-density areas (Phase 6 and 7 to include two such sub-HOAs)
Available Phases for Sale:
Phase 5
• 22 residential plots
• Exceptional views
• Price: R5,844,330 (Commission & VAT included)
Phase 6 & 7 (Upper Section)
• 43 high-density plots & 22 residential plots
• Price: R13,342,875 (Commission & VAT included)
Phase 6 & 7 (Lower Section)
• 30 high-density plots & 9 residential plots
• Price: R7,534,800 (Commission & VAT included)
Infrastructure & Services:
• Phases 5–7: Not yet serviced
• Electrical Supply: Additional substation required; existing Main Street cable is sufficient to support it
• BICL Contributions: Estimated at ±R25,000 per plot (to be confirmed with Saldanha Bay Municipality)
• Roads:
o Blue roads: completed and transferred to SBM
o Yellow roads: completed but not yet transferred
o Hatched yellow roads: to be constructed by new owner of Phases 5–7
o Roads transferred to SBM will be maintained by the municipality
o Roads within high-density sub-HOAs remain private and may be secured
Security & Access:
• Existing Measures:
o Estate enclosed with clear view fencing (including the greenbelt area)
o 7 smart surveillance cameras installed and monitored by EPR (armed response)
o Zero crime incidents reported since installation
Potential for Controlled Access:
o High-density zones in Phase 6 can be walled and gated
o Possible inclusion of Phase 7 within secured boundaries (services not yet installed)
o Roads in residential phases (5 & 7) must remain open as per municipal regulations
Greenbelt & Natural Environment:
A dedicated 8.7-hectare greenbelt, still owned by the developer, showcases the West Coast’s natural biodiversity and offers panoramic views over Saldanha Bay. A request has been submitted to transfer this area to the Master HOA for ongoing maintenance and conservation.
Levies & Connectivity:
• Current Levies:
o Phase 1: R400/month
o Phases 3 & 4: R280/month
• Fibre Internet:
o All sold plots connected at no additional cost
Additional Notes:
• No lapse in development rights for the entire Welgedaan project
• Opportunity exists to convert Phase 7 residential plots into high-density zones (subject to approval)
• Security walls, guard gates, and camera systems permissible for high-density sub-HOAs
Summary:
Welgedaan offers a rare opportunity to acquire large, fully approved portions of a coastal development with flexible zoning, security potential, and strong long-term investment value. Ideal for developers or investors seeking a premium West Coast project ready for phased rollout.