Amanzimtoti Vacant Land for sale / to buy

Development - Amanzimtoti
Amanzimtoti, KwaZulu-Natal, South Africa

Price: R4,800,000

Kingsway Road - Athlone Park - the very LAST land available for development - approx 6000m2; 180’ sea views, zoned for 11-12 cluster homes at 500m2 F.O.R. Material Tie both Erf’s.
What we envisage for the property is the following options:
1. Renovate the two existing 3 bedroom houses to their original form and take them up 3 storey's. Develop 1 driveway with an amazing water feature in the middle of both houses. Develop a 5 star B&B for all the international cliental visiting SA Breweries, Toyota, Mondi etc (Mondi Richards Bay have also done this and put in all their international visitors into their own B&B and reap the dollars. (Skippers Passage - as the ships anchor out right in front of the property and at night with all their lights on it looks amazing)
2. Demolish all existing buildings and develop 11-12 up market cluster homes 500m2 F.O.R. If built correctly one could build each unit with under cover parking then first living level then second living level giving each unit 180' unrestricted sea views and plenty garden space for private pools.
3. Develop a much need Private School in the area or also a much need nursery to contend with Illovo Nursery.
4. Prestige office blocks.
Opportunities are endless while both owners have agreed to sell it as together.

Property Facilities

Amanzimtoti property

◊ Bedrooms: 0◊ Bathrooms: 0

Contact Details

Amanzimtoti property

Gwenda Meyer
Tel: 0844904170
Cell: 0844904170

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Gwenda Meyer

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Property Number: 1101474

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