HIGH-YIELD DEVELOPMENT OPPORTUNITY, MANABA BEACH
PLEASE WATCH VIDEO CLIP!
PLEASE READ DESCRIPTION!
DUAL MANDATE!
Bypass 12–24 months of municipal red tape and holding costs. This shovel-ready, high-density residential development package is available for immediate acquisition in a prime South Coast location, walking distance to Blue Flag Lucien Beach and local amenities. Perfect for sectional title developers, retirement syndicates, or private property funds.
Financial Overview
·Purchase Price: R2,750,000 (Land, active zoning, and plans)
·Estimated Construction Cost: R7,000,000 (R3.5M per block)
·Total Investor Outlay: R9,750,000
·Gross Realizable Value (Exit): R23,310,000
·Projected Net Profit: R13,560,000
·Projected ROI: 139.08%
Project Specifications
·Structure: 2 Blocks (3 storey's per block, 7 units per floor)
·Residential: 42 Premium micro-units (Projected exit: R450,000 each)
·Garages: 14 Sectionalized lock-up garages (Projected exit: R315,000 each)
·Parking: 28 Remaining units serviced by covered carports
·Zoning: Active medium-density residential (Ray Nkonyeni Municipality)
Investment Highlights
·Prime Location: Highly sought-after coastal precinct ideal for semigration, affordable retirement living, or holiday rentals.
·Risk Mitigation: Seller open to an Offer to Purchase (OTP) suspensive upon final municipal reinstatement of building plans.
·High Demand: Micro-villas paired with secure lock-up garages perfectly match the local downsizing retiree and coastal investor profiles.
PLEASE READ DESCRIPTION!
DUAL MANDATE!
Bypass 12–24 months of municipal red tape and holding costs. This shovel-ready, high-density residential development package is available for immediate acquisition in a prime South Coast location, walking distance to Blue Flag Lucien Beach and local amenities. Perfect for sectional title developers, retirement syndicates, or private property funds.
Financial Overview
·Purchase Price: R2,750,000 (Land, active zoning, and plans)
·Estimated Construction Cost: R7,000,000 (R3.5M per block)
·Total Investor Outlay: R9,750,000
·Gross Realizable Value (Exit): R23,310,000
·Projected Net Profit: R13,560,000
·Projected ROI: 139.08%
Project Specifications
·Structure: 2 Blocks (3 storey's per block, 7 units per floor)
·Residential: 42 Premium micro-units (Projected exit: R450,000 each)
·Garages: 14 Sectionalized lock-up garages (Projected exit: R315,000 each)
·Parking: 28 Remaining units serviced by covered carports
·Zoning: Active medium-density residential (Ray Nkonyeni Municipality)
Investment Highlights
·Prime Location: Highly sought-after coastal precinct ideal for semigration, affordable retirement living, or holiday rentals.
·Risk Mitigation: Seller open to an Offer to Purchase (OTP) suspensive upon final municipal reinstatement of building plans.
·High Demand: Micro-villas paired with secure lock-up garages perfectly match the local downsizing retiree and coastal investor profiles.
Monthly Rates
R1,400
Features
Zoning
Sizes
Parking Bays
Listing Info
Manaba Beach, Margate
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Acutts Real Estate website is accurate and up to date, Acutts Real Estate 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.
