NEW
Web Ref RL180930
NEW
Web Ref RL180930
R18,500,000
Monthly Bond Repayment R181,604.02
Calculated over 20 years at 10.25% with no deposit.
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314 Hectare Lifestyle - Development Land with Dam Frontage – Prime Eastern Cape Location
CALLING DEVELOPERS - WRITTEN OFFERS WELCOME! SELLERS REGISTERED FOR VAT
Zoned Agricultural, this rare 314 hectare property offers an extraordinary opportunity to create a lifestyle estate, resort, or tourism development in a highly sought-after area of the Eastern Cape.
A highlight of the property is its direct frontage onto the Impofu Dam, with elevated areas offering sweeping, uninterrupted views — ideal for chalets, lodges, or short-stay accommodation. The dam provides recreational potential, including boating, subject to approvals.
The land is predominantly flat, allowing for flexible planning and phased development. While the property is currently income-producing, generating approximately R360 000 per annum from an agricultural tenant, this is purely supplementary, and the land’s true value lies in its development and lifestyle potential.
Water access is available through natural springs, but note that no formal water rights are included. The property’s appeal is therefore focused on its location, scenic dam frontage, and versatile land use possibilities rather than guaranteed irrigation.
Strategically located just 32 km from Jeffreys Bay and 25 km from St Francis Bay, the property is within reach of the Eastern Cape’s most popular coastal destinations while offering the privacy, scale, and natural beauty only a large holding can provide.
This is a rare chance to acquire a large-scale landholding with immediate supplementary income, scenic water frontage, and immense potential for tourism or lifestyle development.
Zoned Agricultural, this rare 314 hectare property offers an extraordinary opportunity to create a lifestyle estate, resort, or tourism development in a highly sought-after area of the Eastern Cape.
A highlight of the property is its direct frontage onto the Impofu Dam, with elevated areas offering sweeping, uninterrupted views — ideal for chalets, lodges, or short-stay accommodation. The dam provides recreational potential, including boating, subject to approvals.
The land is predominantly flat, allowing for flexible planning and phased development. While the property is currently income-producing, generating approximately R360 000 per annum from an agricultural tenant, this is purely supplementary, and the land’s true value lies in its development and lifestyle potential.
Water access is available through natural springs, but note that no formal water rights are included. The property’s appeal is therefore focused on its location, scenic dam frontage, and versatile land use possibilities rather than guaranteed irrigation.
Strategically located just 32 km from Jeffreys Bay and 25 km from St Francis Bay, the property is within reach of the Eastern Cape’s most popular coastal destinations while offering the privacy, scale, and natural beauty only a large holding can provide.
This is a rare chance to acquire a large-scale landholding with immediate supplementary income, scenic water frontage, and immense potential for tourism or lifestyle development.
