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Vacant Land / Plot in Montagu For Sale

R3 000 000

3000m2
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Vacant Land / Plot in Montagu For Sale

3000m2

Vacant Land / Plot in Montagu For Sale

R3 000 000

Monthly Bond Payment: R

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3000m2

Features

Description

A Once in a Lifetime & Unique Property Opportunity in Magical Montagu

Situated just outside the town of Montagu, which in turn is on the very popular R62, less than 200 km away from Cape Town, lies a unique Erf measuring just under 3000 sqm, waiting for it’s full potential to be unlocked.

Besides the fact that it is less than 100 m away from the World Renowned Hot Springs, (Avalon Springs) and has “forever” views over the Koo Mountain Range, it also has SERVITUDE RIGHTS over these hot springs written into the Title Deed.

In layman’s terms, this means that whoever owns the property (or lives or visits on it) has the FREE use of these Hot Springs and such rights can NEVER be revoked regardless of the circumstances. With rezoning and sub-division, you would more than likely are able to build 58 units on this piece of land.

Whilst at present it is zoned single residential, there is nothing that stands in the way of a rezoning and / or sub division and you can either rebuild the magnificent mansion that was recently destroyed by a fire or re- develop the property into a commercial or multi residential enterprise as you wish and STILL enjoy the natural hot spring.
The town of Montagu boasts excellent infrastructure and offers ALL the amenities you could want and best of all, the area is virtually crime free and you REALLY can sleep with all your windows and doors wide open!!


Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 683

Property Details

Web Ref RXDF-1365
Property Type Vacant Land / Plot
Erf Size 3000m2

Contact Agent

Agent profile picture

Brent Farrell

Sales Associate

RE/MAX Premier (Claremont)

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Book a viewing

Book a viewing

Enquiry about property Ref:RXDF-1365

R3 000 000

Monthly Bond Payment: R

currency bond calculator
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Brent Farrell

Sales Associate

RE/MAX Premier (Claremont)

MessageCall me back
Book a viewing

Contact Brent Farrell

Agent profile picture

Brent Farrell

Sales Associate


RE/MAX Premier (Claremont)

Show number

Show number

Enquiry about property Ref:RXDF-1365