Extent: ± 1 035 m² | Development potential | Zoning: Public Service Infrastructure
Re-Development opportunity in Established Area
This property forms part of the 5th of December 2024 Telkom property portfolio auction sale and offers great potential for redevelopment.
Property Highlights
Oyster Bay is a picturesque coastal hamlet situated about 22.5 kilometers west of St Francis Bay, within the Kouga Local Municipality of the Sarah Baartman District in the Eastern Cape of South Africa. Known for its stunning sandy beaches and commitment to preserving nature, it is a favored holiday destination.
This property is ideally located atop a hill in Oyster Bay, offering some of the best-uninterrupted sea views in the area. Currently, it features a large telecommunication tower and a small structure comprising three rooms with ablutions. The property is securely fenced, ensuring safety and privacy.
Given its prime location and existing features, this site presents numerous redevelopment opportunities:
Residential Development: Transform the property into luxury homes or holiday accommodations, taking advantage of the breathtaking sea views.
This property in Oyster Bay is a versatile investment opportunity, poised to benefit from the area's natural beauty and tourism appeal.
Disclaimer
Please note that when this was published, very limited information on the property was available. We will update the latest information as soon as we have gathered more details.
