EAST LONDON DEVELOPMENT LAND
23.5 HA divided into 8 portions, with 23 residential units (1.2 and 3 bedrooms, all tenanted and income producing) on the banks of the Gonubie River and adjacent to the N2. An application for the development of a retirement village on vacant portions is currently lodged with the authorities for rezoning to residential and consent for the development of a retirement village.
This is an extremely valuable property, highly visible, with an existing rental income.
Documentation available to serious buyers.