2,094m² Vacant Land For Sale in Saldanha Central

R11,500,000

Description

VACANT LAND/APARTMENT PROJECT FOR SALE

EXCELLENT LOCATION DEVELOPMENT PROJECT FOR SALE.

INVESTORS: Saldanha on the West Coast is BOOMING! with Multi-Billion investments.

2094 sqm Sea Front Property!!

The entire project is being sold, starting from the ground up. all permissions and plans are approved and in place. Having this in place saves time and funds.

The approved project will be constructed on the 2094 sqm of prime property that is currently home to three well-maintained rented residences. This means that until the project itself starts, you will have a permanent income to cover overheads.

All of the 42 luxurious apartments, which cover 6 storeys, will contain contemporary kitchens, living rooms, dining rooms, and bathrooms. Sizes range from 71 sq m for a 2 bedroom with 19sqm of patios or balconies to 104 sqm, 3 bedroom with 24 sq m of patios or balconies, with 3 outstanding top floor Penthouses of up to 159 sqm under roof with 27 sqm of patios.
6-unit ground floor. 1st floor: 10 apartments. 9 flats on the second floor. eighth floor eight apartments. units on the fourth floor. 3 Apartments on Fifth Floor.

These amazing sea-view apartments have an open-designed secured entrance and all units face south east with a panoramic view of the bay.

The common and pool area, which faces north, is intended solely for residential use. It provides solitude and protection from the strong south easterly winds. The apartments combine the comforts of a private home with the ambiance of living in a tall building.

All necessary approvals and the ground are being sold with the property.
The leases on existing properties now provide a sizable income, making them ideal to take over and develop when you’re ready.

Once construction is complete, the estimated sale prices for units with two bedrooms could be between R1 900 000 and R2 400 000, those with three bedrooms between R3 050 000 and R3 300 000, and penthouse units up to R5 000 000. The area’s market worth is rising.

On request, the vendor will provide a 3D virtual tour of the authorized site and any further information required.

Property Key Features
Rooms
95 Bedrooms
84 Bathrooms of which 42 are En Suite
42 Living Rooms
Guest toilet
Services
Rates and Taxes R2803
Kitchen
Space for double fridge
Space for dishwasher
Entertainment
Pool
Internal Features
Lift
Exterior Cladding
Plastered
Parking
Basement Parking
External Features
Patio (covered)
More Features
Property Type – Development Land
Seller Type – Private Property
Floor Area – 5163m2
Erf Size – 2094m2
Price per square floor meter – R2,421 per sqm
Price per square erf meter – R5,969 per sqm
(Only concept floor plans are available)

Documents

Property Details

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