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Weybridge Park · Vacant Land For Sale

Vacant Land For Sale in Weybridge Park

  • R 2,999,000
  • 10000 m²

Awaiting on a Developers or Investors not only to see the character and charm this prime piece of real estate has to offer BUT the investment in the prime position within the upmarket suburb of Weybridge Park.

The current owner is in the process of making application on having the land further sub-divided into 10 000m.

The property has already been zoned Res 2 for a sectional title development with a maximum density of 25 units per ha as per the Lorraine LSDF, with a 70% coverage. The approval was given in 2018. In terms of SPLUMA the rezoning shall lapse on the land within a period of 5 years, (2023) should development not commence. Current land size 24,591m

Now is the time to take the opportunity of a market that is taking a breather, when the lid comes off the pot there is going to be an explosion in terms of property prices.

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Property Information & Features

Property Type
Vacant Land
Listing Type
For Sale
Location
Weybridge Park, Port Elizabeth
Price
R 2,999,000 · Get Pre-Qualified
Price per m²
R 300
Erf Size
10000 m²
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Area Rating · Weybridge Park, Port Elizabeth

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Vacant Land For Sale in Weybridge Park
R 2,999,000
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