380 m² Land available in Margate

380 m²

Margate land inside a small development

Price reduced to R 220,000 for this vacant stand measuring 380sqmt, situated within a secure, walled gated complex just off the main road. Located on Mimosa Avenue, this sea-facing land features level grassed areas and offers a beautiful sea view overlooking a green valley.

Currently, there are four built units and three vacant stands, with this property returning to the market after being sold previously. The development includes two access gates at the top and bottom ends, and this stand is positioned on the upper side next to an existing home, with a foundation laid to the left. This location offers the best views in the development, and while the existing homes feature earthy tones and small gabled roofs, you have the freedom to design your own home. The allowable coverage is 50%, with the option to build up to double storey if desired. Access is available from behind the site, and the entire property is fully walled with electric fencing for added security.

Property details

  • Listing number T3825925
  • Property type Residential Land
  • Erf size 380 m²
  • Rates and taxes R 500
  • Levies R 1 500

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