R550,000

R550,000

2,009m² Vacant Land For Sale in West Bank
48 VICTOR REED PLACE
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EXCEPTIONAL OPPORTUNITY: RARE VACANT LAND IN PRESTIGIOUS WATERFRONT ESTATE

Web Ref. 6253391
Land size 2009.00 m²
Monthly Bond Repayment
R5,491.08
Discover an exclusive opportunity in Port Alfred with this extraordinary vacant erf within the renowned Riverview Waterfront Estate. This upscale eco estate seamlessly blends stunning views and wildlife with the tranquil security of a private gated community.
Freehold Erf 8444, originally three plots, has been consolidated into a 2009 square metre parcel, providing a flexible canvas for development. Prospective buyers can sub-divide at their discretion, customizing the property to individual preferences. Located within walking distance of the river and entrance, this plot effortlessly combines accessibility with the enchanting allure of natural beauty.
The consolidation not only ensures ample space but also offers the added benefit of reduced municipal rates, while levies are calculated based on the original six erven.
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, enable multi-level construction for a residence maximizing panoramic vistas without compromising neighbour privacy.
Setting itself apart with infrastructure, The Riverview Waterfront Estate features specially crafted 'oubaai' cobble pavers and concrete edging on roads to minimize wear and tear. Oversized underground drainage pipes guarantee efficient stormwater disposal, emphasizing a steadfast commitment to quality and longevity.
For detailed information and an exploration of the limitless potential inherent in this extraordinary property, we invite you to connect with the dedicated listing agent. Your journey toward a distinctive and bespoke lifestyle begins here.

Features

Sizes
Land Size 2,009 m²
Listing Info
Date Listed 05-06-24
Time Listed 07:00

West Bank, Port Alfred

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Disclaimer

While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.