R27,000,000
R27,000,000
Mike Van Rensburg
Candidate Property Practitioner - Sales
Seeff Jeffreys Bay
Karen Van Rensburg
Candidate Property Practitioner - Sales
Seeff Jeffreys Bay
PPRA Registered | FFC
202401071767815
Monthly Rates
R9,407.60
Total
R9,407.6
Prime Sea-Front Development Opportunity in Jeffreys Bay
Web Ref.
CLS4030
Property Overview:
Discover a unique commercial property positioned in the heart of Jeffreys Bay, right beside the Surf Village, featuring stunning sea-front views and an unparalleled prime location. This exceptional investment opportunity comes complete with conceptual drawings, paving the way for an ambitious development of 80 modern apartments alongside significant commercial space.
Key Features:
- Location: On Main Beach Jeffreys Bay, benefitting from high visibility and foot traffic, ideal for retail or hospitality ventures.
- Existing Tenancy: Secure income with an existing tenancy in place until 2028, providing stability while you plan for future development.
- Parking Potential: The property allows for 100 dedicated parking bays for the apartments, offering 1.25 bays per apartment. Ground floor parking includes:
- 40 bays with direct access from Da Gama (4 bays per 100m² GLA).
- First floor parking options also provide 40 bays, situated 1.7m up from Da Gama, maximizing accessibility and convenience.
- Residential Units: The proposed development features:
- 9 x 3-bedroom apartments
- 31 x 2-bedroom apartments
- 40 x 1-bedroom apartments
- Commercial Space:
- Ground Floor: 1,000m² available for retail, hospitality, or commercial use.
- First Floor: An additional 1,000m² space ideal for retail, hospitality, or even a frail care facility, catering to the growing demand for retirement accommodation in the area.
Investment Opportunity:
With a noted shortage of retirement accommodation in Jeffreys Bay, this property not only promises a solid return on investment but also meets a crucial market need. The combination of residential and commercial spaces makes it a versatile investment in a rapidly growing community.
Don’t miss out on this rare chance to secure a prime sea-front property with incredible potential. Contact us today for more details and to schedule a viewing!
The property is zoned as Business Zone 2 with primary uses being Business & Mixed Use as well as General Residential Building.
“Business & Mixed Use” means the use of a property for mixed use purposes of retail, commercial or professional operation, which may, inter alia, include restaurants, shops, offices, micro manufacturing, community facilities, financial institutions, gymnasiums or any other use which the Municipality regards as General Business, including shopping mall, but excluding residential uses, warehousing and builder’s yard.
“General Residential Building” means a building for human habitation, together with such outbuildings and support facilities relating to the operation and sustainability of the scheme or building, and includes a boarding house, residential rooms, children’s home, guest lodging facilities, retirement village, hostel, town housing, dwelling units, flats, but excludes hotels.
Contact us for more information today!
Discover a unique commercial property positioned in the heart of Jeffreys Bay, right beside the Surf Village, featuring stunning sea-front views and an unparalleled prime location. This exceptional investment opportunity comes complete with conceptual drawings, paving the way for an ambitious development of 80 modern apartments alongside significant commercial space.
Key Features:
- Location: On Main Beach Jeffreys Bay, benefitting from high visibility and foot traffic, ideal for retail or hospitality ventures.
- Existing Tenancy: Secure income with an existing tenancy in place until 2028, providing stability while you plan for future development.
- Parking Potential: The property allows for 100 dedicated parking bays for the apartments, offering 1.25 bays per apartment. Ground floor parking includes:
- 40 bays with direct access from Da Gama (4 bays per 100m² GLA).
- First floor parking options also provide 40 bays, situated 1.7m up from Da Gama, maximizing accessibility and convenience.
- Residential Units: The proposed development features:
- 9 x 3-bedroom apartments
- 31 x 2-bedroom apartments
- 40 x 1-bedroom apartments
- Commercial Space:
- Ground Floor: 1,000m² available for retail, hospitality, or commercial use.
- First Floor: An additional 1,000m² space ideal for retail, hospitality, or even a frail care facility, catering to the growing demand for retirement accommodation in the area.
Investment Opportunity:
With a noted shortage of retirement accommodation in Jeffreys Bay, this property not only promises a solid return on investment but also meets a crucial market need. The combination of residential and commercial spaces makes it a versatile investment in a rapidly growing community.
Don’t miss out on this rare chance to secure a prime sea-front property with incredible potential. Contact us today for more details and to schedule a viewing!
The property is zoned as Business Zone 2 with primary uses being Business & Mixed Use as well as General Residential Building.
“Business & Mixed Use” means the use of a property for mixed use purposes of retail, commercial or professional operation, which may, inter alia, include restaurants, shops, offices, micro manufacturing, community facilities, financial institutions, gymnasiums or any other use which the Municipality regards as General Business, including shopping mall, but excluding residential uses, warehousing and builder’s yard.
“General Residential Building” means a building for human habitation, together with such outbuildings and support facilities relating to the operation and sustainability of the scheme or building, and includes a boarding house, residential rooms, children’s home, guest lodging facilities, retirement village, hostel, town housing, dwelling units, flats, but excludes hotels.
Contact us for more information today!
Features
Zoning
Sizes
Jeffreys Bay Central, Jeffreys Bay
Jeffreys Bay is a quaint seaside village in the Eastern Cape province of South Africa. The area is filled with lush greenery and stunning ocean views. Jeffreys Bay is known for its world-renowned beaches and surfing waves. There are various property types such as townhouses, apartments and free-standing homes available for families, retirees and investors alike. A brief history of the area The town is named after Captain Jeffreys who sailed his cargo ship on the East Coast of South Africa on trading expeditions in the 1840s. It was during one of his trips that an epidemic of scurvy broke aboard, forcing him to land his vessel in what he believed to be a place filled with opportunities. Distance from key points Jeffreys Bay...
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Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
