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Velddrif Vacant Land
for sale / to buy
Most Exquisite West Coast Portion of Land
Velddrif, Western Cape, South Africa
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| Price:
R1,000,000
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Invest in Utopia : The portion of land where the Berg River meets the Atlantic.
Flaminkvlei : The opportunity now exist to acquire a share in the most sought-after unspoilt land on the West Coast for future development into a Golf Eco - Estate.
Location:
At Veldrift where the Berg River runs into the Atlantic Ocean, 150km from Cape Town on the wide R27 West Coast road.
Flaminkvlei:
361 Hectares.
1,8km of river frontage.
56 Hectares of salt pans.
The current zoning for the land is agriculture.
Investment Plan
A company to be formed with 12 shareholders each with equal shareholding.
A contribution of R 1 000 000.00 (One Million Rand) per share.
Six share holders have to date committed.
Share contributions will finance the purchase of the land with some residual capital.
Acquisition Cost = ± R 33,000 per Hectare.
Being the most exquisite undeveloped portion of land on the West Coast the intent is to have it rezoned and developed. It is unlikely that rezoning will be granted within the next three years.
Development Plan
With the immediate proximity and abundance of water the land lends itself ideally to an exquisite and upmarket Golf Eco-Estate Development. Due to the location and intrinsic value of the land a development on a similar scale and standard than Pearl Valley / Pezula / Woodhill / Zimbali will be done.
Once rezoned the value of the land in today’s terms will be R1 000 000.00 per Hectare.
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Property Facilities |
Velddrif property |
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| ◊ Bedrooms: 0◊ Bathrooms: 0 |
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Contact Details |
Velddrif property |
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Leon A. Alberts
Tel: 022 742-1268
Cell: 082 332-3070
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to e-mail this agent |
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