Commercial for sale
Capitalize on Manaba Beach's coastal lifestyle with a fully zoned, shovel-ready site steps from Blue Flag Lucien Beach — featuring 42 micro-units and 21 lock-up garages for boat storage.
Prime Residential Development Opportunity | Manaba Beach, Margate
Fully Zoned Land with Plans for 42 Micro-Units & 21 Lock-Up Garages
Bypass municipal red tape and unlock a high-density, high-yield investment on the South Coast. Located within walking distance of the pristine, Blue Flag Lucien Beach, this shovel-ready development package offers an exceptional investment opportunity for sectional title developers, retirement living syndicates, or private property funds looking to maximise returns in a high-demand coastal pocket.
Active zoning saves 12 to 24 months of holding costs, allowing you to break ground rapidly on a project tailored for modern coastal living, secure retirement, or lucrative holiday rentals. Please note that the architectural plans are sold as-is, and the final reinstatement process with the municipality must be undertaken and completed by the buyer.
Project & Architectural Highlights
·Smart Block Design: Two sleek residential blocks featuring 21 units each, intelligently configured with 7 units per floor to maximise space and natural light.
·Premium Garage Layout: 21 sectionalised lock-up garages designed to cater to high-value storage needs. The layout consists of 14 integrated garages (7 per block) plus 7 separate standalone garages.
·Optimised Parking: The remaining property footprint is perfectly allocated for covered carports, ensuring ample parking for residents and guests.
·High-Yield Storage Appeal: The 21 high-value lock-up garages are highly appealing to retirees and holidaymakers needing secure storage for boats, trailers, and leisure vehicles.
Location Perks
·Prime Coastal Pocket: Situated in the sought-after Manaba Beach area of Margate, known for strong holiday rental and retirement demand.
·Beachside Convenience: Safe, easy walking distance to the famous Blue Flag Lucien Beach, local shops, and coastal amenities.
Note: Serious cash buyers and institutional investors only. Architectural layouts and zoning details are available in the full Investment Prospectus. Plan reinstatement to be managed and completed at the buyer`s cost.
Dual Mandate.
Listed for sale at R2,750,000
Manaba Beach is a tranquil coastal suburb in Margate that offers residents a relaxed seaside lifestyle with convenient access to pristine beaches and essential local amenities.