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22 Rethman Drive, Umtentweni, Port Shepstone, KwaZulu-Natal
R 2 500 000
Residential land with multiple accessPriced now at R 2.5 million, this vacant stand measures 8.65 hectares and is about as level as you can find, with a slight rise at the top end. Zoned for Residential Only 2, this property is perfect for developing detached or attached self-catering units, medium-density housing, or even a retirement village. For medium-density housing, the zoning allows for 6 dwelling units per hectare, with 30 coverage permitted and the option to build up to two storeys.The site boasts excellent access points, including two smaller cul-de-sac roads and one long tarred road boundary. Initially priced higher, its now attractively set at R 2.500,000. Previous plans included the development of 35 units but at 6 units per hectare you can get 50 in here depending on the design. . Conveniently located close to the beach, shops, hospitals, schools, and a golf course, the area benefits from a good road system with easy access to the freeway. With a Spar nearby, theres potential for a larger shopping center. The property has tar road access on three sides, with rates at R 6,500. Positioned centrally between the freeway and R61, housing flanks both sides of the access road, and traffic lights at the bottom provide easy access to the beach. Another complex backs onto this site, enhancing its appeal.BLUE 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
Estimated monthly repayment
R 23 608
on a R 2 250 000 bond over 20 years at 11.25%
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22 Rethman Drive, Umtentweni, Port Shepstone, KwaZulu-Natal
Listed by
Sarah Ramaphosa
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