With Kleinmond running out of available land for residential construction, and the village suffering from an acute shortage of affordable cluster and townhouse-type developments with limited land to build these on, larger lots of land for development like this are a rarity.
On sale is a vacant lot of 4460sqm, which had previously been subdivided into eight lots of approximately 455sqm each. No development took place within the required timeframe, but the division in eight lots could be reinstated upon an application to the Overstrand council. Quotes have been obtained for the actual cost of the division, approx. R100 000, as well as other costs associated with a new development. Ask this agent for the cost breakdown.
Water and sewage lines, as well as electrical connections for the eight lots, are already established.
A new owner could maintain the lot as one large entity as it currently stands, in which case no further requirements from Council apply, or divide and sell. In this case, a bulk service fee would apply, as well as the establishment of a homeowner's association. All dwellings should then be of a uniform style.
Why this erf?
- Unique investment opportunity, as large parcels of vacant land are hard to come by
- Single large lot which could be divided into smaller lots for separate resale
- Council water and electricity connections already in place
- Walled on four sides, with one main entrance on 9th Avenue
- Central driveway already established
- Walking distance to all of Kleinmond’s amenities
About Kleinmond
Kleinmond is located in the Overstrand Municipality, considered one of the best-run councils in the country and receiving clean audits year after year. As testament, it boasts a water quality index of 99.9%.
As a popular zoom town, Kleinmond has all the amenities needed for comfortable modern living, whether you are actively working, considering slowing down, or investing in a holiday or buy-to-rent home. There are several doctor’s rooms, dentists, pharmacies, vets, filling stations, thrift stores, vehicle maintenance and repair workshops, a clinic and primary school, businesses catering for electronics, printing, clothing, crafts, furniture, building material and hardware, and plumbers and electricians, as well as several small shopping centres. Every conceivable service is on hand, all situated mere minutes from your residence, including a medical emergency ward in Harbour Road managed by MediClinic.
For absent owners, several businesses attend to home security, garden and structural maintenance, and cleaning. Of course, it is also home to a plethora of tourism-related amenities and activities, as well as a world-class golf course and the Harbour Road entertainment strip.
Kleinmond is just over an hour’s drive from the Cape Town airport, 45 minutes to Somerset West, and 30 km from Hermanus.
The availability of property in Kleinmond is finite. The town is situated in the heart of the Kleinmond Coastal and Mountain Reserve, itself part of the greater Kogelberg Nature Reserve. Bordered by estuaries and wetlands both east and west, a mountain range to the north and ocean to the south, the town’s borders are fixed, with no room for expansion. The result is that only existing open land can be developed, or existing structures upgraded.