This is a great opportunity for the discerning property investor. This 1 ha smallholding in Gordons Bay has a highly visible location on the outskirts of Gordons Bay in the new development zone. Situated on the Sir Lowry’s Pass Road, 3 minutes from the N2 highway, it is a blank canvas waiting for the right person to come along and transform it into any of a myriad of ideas that can work here. Gordons Bay is seeing a high demand for real estate and this is a wonderful asset as there are possibilities for future development to suit the local tourism, business or specialized agriculture fields As far as possibilities go, this is Location, Location , Location.
The improvements on the property consist of a homestead and 5 additional cottages that are rented out to tenants with a monthly
income of R56 000.00 per month with potential to do much better. It is fenced, well maintained and has a borehole. It is the perfect smallholding for creating a great lifestyle which is close to all modern amenities.
This property will not be on the market for long so don’t delay, so make an appointment as soon as possible
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