Available commercial purchase terms: R 200,000.00 deposit. R 25,000.00 monthly instalment over 10-years. Prime linked interest.
Southbroom is a beautiful coastal town situated in the KwaZulu-Natal province of South Africa. Known for its scenic beaches, world-class golf courses, and luxurious lifestyle, Southbroom has become a highly sought-after destination for investors and property developers alike. And now, with the availability of a prime piece of land at the entrance to Southbroom, there is a new opportunity for those looking to capitalize on the area's growing popularity.
This land opportunity boasts an impressive 13,972sqm, making it a sizeable plot for any potential development. Its location, just off the R61, provides easy access for both locals and tourists traveling in and out of Southbroom. The entrance to the town is a highly visible location, making this property an ideal spot for commercial and residential developments.
One of the key features of this land opportunity is the potential for sectional title development. Sectional title development involves dividing a property into multiple units, each with its own title deed. This type of development is becoming increasingly popular in South Africa, as it allows for more efficient use of space and increased affordability for buyers.