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
This property offers a unique opportunity on the outskirts of Port Elizabeth, located along Victoria Drive(M18), which connects the vibrant suburb of Walmer to the charming coastal village of Schoenmakerskop. The site features a large telecommunication tower and a pre-fab structure of approximately 189 m², which includes various rooms and ablution facilities, all in average condition.

The property is predominantly fenced and gated, ensuring security and privacy. Additionally, it comes with two water tanks, which can be an asset for various uses. Its proximity to the Algoa Kart & Motorcycle Club and the Rover Motocross track adds to its appeal, especially for outdoor enthusiasts.

Schoenmakerskop, just a few hundred meters away, is a picturesque coastal village with around ±70 homes, making it an attractive destination for those seeking coastal living while enjoying convenient access to Port Elizabeth’s amenities. The surrounding area is characterized by upmarket smallholdings and equestrian properties, further enhancing the area's desirability. This property holds potential for a range of uses, from residential development to recreational purposes.

Disclaimer
Please note that at the time this was published there was very limited information on the property available. We will update the lates information as soon as we have gathered more details on the property.