2 034 m² Land available in Margate

Land for sale in MargateVacant residential land zoned as Res High Impact 3, allowing for the development of multi-storey residential units. With a Floor Area Ratio FAR of 0.75, the property permits 50 coverage and building up to three storeys. The site is fenced on three sides and has recently been cleared, providing easy drive-in access.Conveniently located near the river and within close proximity to Margate and Manaba beaches, there is a walkway just to the right of the site that leads onto a paved road for easy access to Margate main beach. From there, you can cross the pedestrian bridge over the lagoon to reach Manaba beach. This 2,034 square meter stand offers potential dual roadway access points and, given the flat rights available, represents an incredible bargain. With limited stock on the market and the Margate area booming, you won''t find a comparable property at this price along the KZN coastlineBLUE CANYON PROPERTIES 71 CC trading as REMAX Coast and Country Shelly Beach operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less