Development For Sale Witsand Ad:821301

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South Africa > Western Cape > Eden District Municipality > Hessequa > Witsand

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R69,000,000

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Development
For Sale
Witsand
South Africa

AMAZING DEVELOPMENT OPPORTUNITY IN WITSAND ON THE GARDEN ROUTE

Breedezicht is a proclaimed township with completed services that have been handed over
to Hessequa Municipality
The site is elevated on the river bank with the river fronting erven +/- 100 m from the river`s
edge, offering spectacular views of the ocean, river and estuary, lending itself to upper end
of the market properties, as have been the choice of most of the owners so far.
The entire site is fenced, defining the boundaries. A viewing deck on site provides an
attractive spot for observing activities on the river or whales

4 private open space erven as well as a large conservancy area are included in the Estate.

ADDED VALUE INCLUDED IN OPPORTUNITY:
The adjacent portion of the Remainder of the Farm with approximately 9,56 ha of develop-
able area at a value of R9,5 million excluding VAT.

The development comprises of,
103 serviced stands at a market value of approximately R100 million excluding VAT (4 are
privately owned erven and transfer duty is applicable)
2 show houses at a market value of approximately R4 million plus transfer duty
ADDED VALUE.

Through research and meticulous planning, the developers ensured a uniform aesthetic
standard throughout the development, and five architectural styles have been approved by
the local authority. The five different building styles are:
Cape Heritage
Fisherman`s Cottage
Modern Beach
New England
Vermont
More styles can be introduced with the approval of the HOA and local municipality.
Construction and finishes are of a high standard and `green` initiatives recommended:
Underground water tanks for the collection of rain water are compulsory
Gas as energy source for stoves and heating.

Breedezicht Estate is undoubtedly a superb investment opportunity that offers:
Profit on drastically reduced prices.
Profit on construction and project management.
Profit on marketing.
A proclaimed development with fully serviced stands - building of houses can commence
immediately
Good potential returns on Phase 2 (a portion of the Remainder of the Farm Port Barry)
An unspoilt, unique setting on the banks of the Breede River, easily accessible either from
Cape Town or George.
The property is in a recovering cycle after the recession.

Don`t miss out on an opportunity of a lifetime.

Call or email us for more detailed information with regards to this development.

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