Prime Development Land Opposite New Macro (Opening 2025)
This prime property spans 15.1801 hectares and offers a mixed-use zoning of Residential IV and Business 1, making it a rare and valuable opportunity for developers.
Key Features:
Business 1 Zoning: The front section, with direct road access, is zoned Business 1 and measures 63,565 SQM. This portion is marked in blue on the map and is perfectly positioned for commercial development. Residential IV Zoning: The middle section, zoned Residential IV, covers 70,300 SQM, marked in yellow and grey, ideal for high-density residential projects. Open Space: The remaining 22,700 SQM, marked in green, offers open space, perfect for recreational or greenbelt use. Utilities:
Water supply from BCM, rain tanks, a reservoir, and a dam. Single-phase electricity. Septic tanks for sewage. The land lies within the Spatial Development Zone and Urban Edge as designated by BCM, and benefits from access to both the traffic circle and Gonubie Main Road. The flat terrain and gently sloping areas make it easy to develop a mixed-use lifestyle project.
Although the rezoning has lapsed, it will be reinstated upon an unconditional offer, ensuring the development process can move forward swiftly.
Located directly opposite the new Macro, set to open in 2025, this land presents a unique investment opportunity for a lifestyle or commercial development that takes full advantage of this growing area's potential.
Don’t miss out on this prime real estate – call me today!
Introduction
Gonubie is an attractive coastal suburb situated on the periphery of East London in South Africa's Eastern Cape. With its unspoiled beaches, calm ambience and convivial inhabitants, Gonubie provides a perfect setting for families, pensioners and holidaymakers. For expats considering moving or tourists just curious about it, Gonubie is a hidden treasure.
A Brief History of the Area
Gonubie...
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Market value
R16,000,000
Offers from
R14,000,000
Offers for this listing must be made in R50,000 increments. More Info
Sonia Slabbert
Non-Principal Property Practitioner Registered with PPRA (FFC 123 498 7)
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
