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Port Alfred Rural, Port Alfred Rural, Port Alfred, Eastern Cape
R 500 000
Environmentally Assessed Riverside Plot Seize the opportunity to develop in one of the most exclusive settings on the Kowie River. This 1,420 sqm vacant plot offers the perfect blend of seclusion, surrounded by a nature reserve, while remaining just a 5-minute drive from the conveniences of Port Alfred.The Environmental Assessment has been approved DEDEAT APPROVAL, although a new owner would still have to apply for an Environmental approval, as this does not carry over to a new owner. However, the Environmental Specialist is prepared to do so at a much reduced price, because all the information stays much the same, as before. A new floor plan and elevation would need to be produced of the proposed buildings.Group Housing approval already secured. The approved development rights allow for the construction of 4 cottages, 1 communal room, and 5 garages.With the added potential to install a private jetty, this is an exceptional investment. This is the standout plot in a boutique enclave of only nine stands, where only four homes have been established to date.Plot number not confirmed by Ndlambe Municipality as yet. Google Drive co-ordinates to follow. Show more Show less
Estimated monthly repayment
R 4 722
on a R 450 000 bond over 20 years at 11.25%
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Port Alfred Rural, Port Alfred Rural, Port Alfred, Eastern Cape
Listed by
Lindiwe Erasmus
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