Commercial space in Glenmore
PRICE DRASTICALLY REDUCED TO SELL. Caravan park on 3.726ha with beautiful trees and vegetation, inland and sea views. The property has 61 caravan sites with plug points, additional tent sites, a staff cottage, 8 x 2 bedroom flats, 1 bachelor flat, a bachelor cottage, a laundry, 3 x ablution blocks, a recreation hall, pool, braai area, and storage room. Unfortunately the buildings are not in a good state and would need to be completely renovated. Once renovated, they would be income producing accommodation.
Development potential - an environmental impact assessment was done some years ago and permission was granted to build 48 units. This area is desperate for a nice retirement village or another secure estate. This beautiful property would lend itself to just such a development.
You will have to travel far and wide to find such a beautiful, natural park in the middle of a residential area. This is valuable land and is an amazing investment opportunity.
Property details
- Listing number T4039888
- Property type Commercial
- Erf size 3.7 ha
- Rates and taxes R 7 000