This listing has been sold
Property 28 Unit Development Opportunity, only 500m from th
An opportunity exists to develop a further 28 units in Kasito, a complex with existing 32 Units already built and occupied. All services are already in place. Work already carried out includes, excavation, piling,concrete has been poured and all is ready for the slab. Plans are approved for 28, 2 & 3 bedroom units.Holiday Letting potential rate guide is between R750 - R900 for 2 persons sharing per night. This complex is in a popular holiday location, close to Margate Beach and is situated next to Margate Sands shopping Centre (Shoprite Checkers). It is only 15 minutes from Oribi Gorge Nature reserve and is close to 9 top class 18-hole golf courses.Communal Swimming pool and braai areas already in place with ample carports and visitors parking.Margate is a seaside resort town on the KwaZulu-Natal South Coast and one of the most popular travel and holiday destinations in South Africa. Loved for it's picture- postcard tropical scenery of coconut palms, grassy embankments, dunes and golden sand, Margate is a 1 km-long holiday haven. Jam-packed over Christmas, Easter and School Holidays. Besides being regarded as the foremost South Coast beach spot, Margate Beach Front is the center of night life on the South Coast of KZN with no shortage of restaurants, pubs and night clubs. Featuring Blue Flag Beach's for swimming, snorkeling and surfing, leisure and sporting facilities galore, including water sports such as boating, skiing, kayaking, diving and deep sea fishing. For those who prefer a little South Coast souvenir shopping, Margate boasts exceptional art galleries and craft shops.
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