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Portion 209 of Erf 304, Keurbooms, Plettenberg Bay, Western Cape
R 25 000 000
Approved Coastal Development Phase 2 43 Residential Stands | Option to Include Phase 1TRI-MANDATEExcludes VATAn outstanding opportunity to acquire Phase 2 of Portion 209 of Erf 304 in Keurbooms, comprising 43 fully approved residential stands within a prime coastal lifestyle setting just minutes from Keurboomstrands beaches and approximately 10 minutes from central Plettenberg Bay. Priced at R25 million, this phase represents the core residential component of the development and offers developers an ideal scale for phased release into a market driven by strong demand from both domestic Cape Town & Johannesburg and international buyers. The eco-sensitive layout complements the natural surroundings, positioning the estate perfectly within one of the Garden Routes most desirable growth nodes.The seller is additionally prepared to include Phase 1, zoned for storage units, creating a mixed-use development opportunity at a combined price of R35 million. This expanded option allows for diversified revenue streams through residential stand sales, together with either sectional title storage sales or a long-term rental income model. Secure large-scale, approved development land in sought-after Keurbooms with the flexibility to acquire the residential phase only or the full Phase 1 and 2 package. Show more Show less
Estimated monthly repayment
R 236 083
on a R 22 500 000 bond over 20 years at 11.25%
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Portion 209 of Erf 304, Keurbooms, Plettenberg Bay, Western Cape
Listed by
Karabo Coetzee
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