This 8.8-hectare riverfront smallholding property represents a rare residential development opportunity in East London with over 400 meters of Gonubie River frontage.
Easy Access is from the N2 right on the East Coast Resorts Road, and the gently contoured terrain provides flexibility for residential design, farmstyle home on the river or boutique holiday homes.
Key Features:
8.8 hectares of vacant land
Exciting Approved Development opportunity - ask your auctioneer about this!
Over 400 meters of Gonubie River frontage
Registered Water Rights from the river
Strong Flowing Borehole - licenced
Vacant level land, Fully Fenced
Beautiful Large Dam - Centrally located
Eskom
Rates and Taxes only +-R500pm!
Expected Auction Bid Range - R1 500 000 - R1 800 000
Voluntary Auction:
Offered under exclusive sole mandate, by online auction. Serious buyers invited to participate.
No outstanding rates and taxes
The sale of this property will attract VAT