by In2assets  |   June 12, 2024

Unique Peninsula Property on West Coast

In2assets is thrilled to announce the upcoming auction of an extraordinary property located on a secluded peninsula on the West Coast of South Africa. This unique piece of real estate, covering an impressive 1,6100 hectares (16,100 m²), will be available through In2assets' innovative livestreamed auction platform.

Situated in the picturesque Cape St Martin, this property boasts an unrivalled position bordering the Atlantic Ocean, nestled between the serene shores of St Helena Bay and the charming village of Paternoster. Its secluded peninsular setting offers uninterrupted sea views and private, dead-end access, making it an ideal development opportunity.

The property is historically significant, featuring a Telkom maritime site that houses a lighthouse and a previously operational Telkom Transmission Station. The site includes a face brick building with concrete floors and roofing, encompassing three rooms formerly used as equipment rooms, a storage room, an engine room and ablution facilities.

On the southern end of the property lies a vast undeveloped tract of land, presenting an exciting opportunity for further development subject to approval by the local authorities.  Whether for residential, commercial, or recreational use, this peninsular gem holds immense potential for visionary investors but will be subject to rezoning application. Other residential developments have been approved in close proximity.

This remarkable property is part of a National Telkom Portfolio sale scheduled for the 20th of June 2024. Interested parties are encouraged to explore all properties within this portfolio by visiting In2assets  (

Seize this unique opportunity to own a piece of South Africa’s stunning West Coast. With its breath-taking views, historical significance, and unparalleled development potential, this property is a rare find. Join the In2assets livestreamed auction and place your bid on this exceptional peninsula property.