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1921 Kobus Meiring Street, Mcdougall's Bay, Port Nolloth, Northern Cape
R 900 000
Wide 35m Seafront Serviced seafront property on the Namaqua coast is slowly but surely becoming something scarce.This fairly sized 467m2 property with a very wide 35m seafront, is situated in an upmarket area of Port Nolloth on Kobus Meiring Street and is the last one left in this node.It is the ideal location to build your desired beach cottage, with a private beach and the dramatic Atlantic on your doorstep.Please take note:The much-talked about construction of a deepwater port just 60 km north of Port Nolloth is creating a buzz in avid property investor circles and generating increased interest in this part of the worlds coastal property market and development goals.Boegoebaai is a greenfield project which was gazetted in 2022 as a SIP Strategic Integrated Project that is urgently required to relieve the Northern Capes mining export capacity - in the medium term - by serving the Namakwa SEZ Special Economic Zone, copper, manganese and iron ore mines in the interior.A phase 2 Green Hydrogen SEZ Special Economic Zone adjacent to Boegoebaais port is currently being planned to ultimately supply multiple export off-takers in the European Union EU with GH2 Green Hydrogen.The Northern Cape is well-positioned to become South Africas hub of green hydrogen production, and as dictated by the Paris Agreement 2015 is central to its mandatory Just Energy Transition JET. This key position as an energy hub - together with the provinces abundant mineral resources, large land mass, and very high load factors regarding wind and solar energy, plus a 300 km coastline - makes the Northern Cape coastal property market investment and development-ready.Furthermore, very large reserves of oil and natural gas have been discovered in the Deep Water Orange Basin in Namibian waters. The discoveries were made by Shell and Total Energies in 2022 - with full on extraction set to commence in just a matter of time. It is noteworthy that a significant portion of the Deep Water Orange Basin stretches into South African waters. In 2023 Total Energies submitted their final EIA to PASA Petroleum Agency of South Africa and the DMRE Department of Mineral Resources and Energy to urgently begin with test drilling off the West Coast of South Africa as well. The construction of Boegoebaai will also be integral in supporting these operations offshore Port Nolloth.Funding of catalytic infrastructure such as renewable energy sources, rail and road infrastructure, Special Economic Zones, grid expansion and additional port capacity will be required to achieve these objectives.The current collaboration between the European Union and South African government has already secured the pledging of very substantial investment packages, namely Global Gateway to the value of 16.2 billion. These initiatives are driven by mutually beneficial arrangements between developed and developing nations to primarily achieve critical and urgent global decarbonisation targets.Embarking on your first trip hereThe last stretch between Steinkopf and Port Nolloth is a sight to behold, passing through the arid mountain terrain of the Richtersveld with the sun about to set in the West.With just about 40km to go, the road straightens and after a couple of hills your destination appears unexpectedly.Step on it because you may observe one of the most beautiful sunsets you have ever seen...Historically Port Nolloth was identified as a site for an export harbour to serve copper mines in the interior. Presently Port Nolloth is defined by its diamond industry, small-scale fishing operations, budding property market and a gritty convivial community. It is also considered as one of South Africas coastal safe havens, with a very low crime rate and where safety is dictated by your reputation and treatment of your fellow man. In addition, the Namaqua coastal region has a very favourable mild climate during all seasons of the year, making it a sought-after holiday destination where the rustic Benguela meets the dramatic Richtersveld hinterland.Invest. Explore. Recharge.I am your local property agent.Allow me to walk you through the process of acquiring and developing your slice of land along the Namaqua coast. Show more Show less
Estimated monthly repayment
R 8 499
on a R 810 000 bond over 20 years at 11.25%
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1921 Kobus Meiring Street, Mcdougall's Bay, Port Nolloth, Northern Cape
Listed by
Ayanda Tshabalala
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