Prime Whale Rock stands in Plett discounted by up to 80%

Stands of at least 1000sqm in Whale Rock, one of the most coveted locations in Plettenberg Bay, are now available for as little as R162 500.

That’s the word from local Chas Everitt International franchisee John Fuller, who has the mandate to market 38 prime stands in the Whale Rock Ridge development at prices that have been drastically cut by as much as 80% for the forthcoming holiday season.

“The Belgian developers of the prime Whale Rock security developments have just released 33 stands in Whale Rock Ridge Phase 2 and five stands in Whale Rock Ridge Phase 3 (also known as Gentleman’s Estate) at these special festive season prices,” he says.

“Set among pristine fynbos, the stands in Whale Rock Ridge 2 range in size from 1021sqm to 2157sqm, and are priced from just R162 500 to R338 000, which represents a massive discount even to their municipal valuations.

“For example, one stand of 1685sqm that is priced at R162 500 has a municipal valuation of R826 000, while a 2157sqm stand priced at just R175 500 has been valued at R903 000.”

Meanwhile, the five stands available in the exclusive Gentleman’s Estate development range in size from 3853sqm to 4385sqm, and are all priced at just R600 000. The municipal valuations of these stands range from R1,46m to R1,525m.

The stand prices all include VAT, Fuller notes, and those who buy now will have five years in which to build from registration of transfer. HOA levies are R1086 a month and electricity availability costs R319 a month.

“The availability of stands at these prices in this location is quite frankly astonishing,” says Fuller, “and we believe anyone considering an investment in residential real estate should move fast to snap up at least one and possibly more, as we expect them to sell out extremely quickly.”

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