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R3,500,000

Commercial for sale in Glenmore

3.72ha
Development Opportunity With Existing Business!

Developers this a great opportunity to expand and further develop this property set in a lovely holiday destination area! Plenty of activities available for young and old in the area or within easy driving distance; Umtamvuna Nature Reserve for walking trails, horse riding at Trafalgar, Wild Coast Sun Resort that is 6kms south of Port Edward that has the very popular Wild Waves Water Park and Oribi Gorge is only 50kms away and they offer a hiking trail, a 165m wild swing and 110m wild abseil plus other attractions. Outside Ramsgate is a crocodile farm and in Munster is the very popular Mac Banana complex with a wide variety of delectable foods, plus restaurants and a choice of entertainment such as paint ball, mini golf, quad biking, a butterfly farm and other activities for the adrenaline junkie.

This property is zoned to run as a caravan park but would also be suitable for a retirement home or build a complex as the environment impact assessment study is already completed and Eskom has agreed to increase supply to 100KVA which is sufficient for up to 48 units.

Property consists of 1 block of flats comprising of 8 x 2 bedroom flats and 1 bachelor flat. 3 Ablution blocks, 1 Laundry room, 2 single bachelor cottages, 1 Entertainment hall with men and ladies toilet, 1 swimming pool and a kids play area. There are ample camping sites with water and electricity. Lovely trees to give shade and a sea view can be enjoyed. Great place for Nature lovers!

Price has been reduced considerably for a quick sale so phone now to view!

Property Type
Commercial
Stand Size
3.72ha
Available From
12 Jul 2023
Reference
2284079
Estimated monthly costs
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R36,126
Home loan repayment
R36,126
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Property history
Listed for sale at R3,500,000
12 Jul 2023
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