An excellent investment opportunity exists in Island View, Mossel Bay for the serious developer.A 5200m² vacant stand offers the developer the following development opportunity:• 48 units of an average of 70m² each• Design: Two bedroom apartments.• Architectural Plans complete.• Parking: Shaded , Basement or lockup garages.• Ground + 1st Floor. Very little stairs ; ideal for age market 50+• Buyer of this land only needs to submit plans for approval to start building.• Huge gap in the market for pre-retirement , age group 50+ , price range R700,000- R800,000• Size: ±5200m²• Sea Views (60%)• Upmarket and established neighbourhood.• 1,2km( 3 minutes’ drive)from busy LangeBerg Mall.This investment is available at R2 500 000. That means only R52 000 per building opportunity. Zoning until September 2014.Come and make an appointment to view this investment property today situated in Island View, Mossel Bay that is now for sale.
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