2,244m² Vacant Land For Sale in West Bank
R654,000
46 FRANKENFELD PLACE
Monthly Bond Repayment R6,974.45
Calculated over 20 years at 11.5% with no deposit.
Web Ref No 6253360
EXCEPTIONAL OPPORTUNITY: PRIME VACANT LAND IN SECURE WATERFRONT ESTATE
Embark on a rare opportunity in Port Alfred with this extraordinary vacant erf nestled within the prestigious Riverview Waterfront Estate. This upscale, picturesque eco estate seamlessly integrates awe-inspiring views and wildlife with the serene security of a private gated community.
Freehold Erf 8445, initially comprising five plots, has been consolidated into an expansive 2244 square metre parcel, offering an adaptable canvas for visionary development. Prospective buyers enjoy the flexibility of sub-dividing at their discretion, tailoring the property to individual preferences. Conveniently located within walking distance of the river and entrance, this level plot effortlessly marries accessibility with the captivating allure of natural beauty.
The consolidation not only provides ample space but also yields the added benefit of reduced municipal rates, while levies are calculated based on the original six erven.
Conceived by an architect with an acute eye for the ultimate outcome, each plot at The Riverview Waterfront Estate is meticulously optimized for size and shape, ensuring unobstructed views while preserving the natural surroundings. Building height restrictions, capped at 3.60 metres from the highest point, facilitate multi-level construction, allowing for the creation of a residence that maximizes panoramic vistas without compromising the privacy of neighbouring properties.
The Riverview Waterfront Estate sets itself apart with unparalleled infrastructure, boasting specially crafted 'oubaai' cobble pavers and concrete edging on roads to minimize wear and tear. Oversized underground drainage pipes ensure efficient stormwater disposal, underscoring a steadfast commitment to quality and longevity.