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Prime development opportunity on Victoria Drive in an Active Open Space corridor — residential or agricultural potential; possible multiple dwellings up to 12m/3 floors pending rezoning. 4.3 ha at R65/m².
Ideal for investors and developers.
Property currently zoned as undisclosed but can be used for residential as well as for agricultural use.
Land falls within strip earmarked as Active Open Space (Sport fields).
Can build multiple dwellings up to 12M in height with a maximum of 3 floors but land would need to be rezoned to the appropriate zoning.
Highly visible and well located on the ever expanding Victoria Drive.
Well priced at only R65/ Square meter.
Contact me for further information.
Listed for sale at R1,700,000
Price reduced by 0.1% to R1,699,000
Price reduced by 29.7% to R1,195,000
How this land compares with 65 active listings in Gqeberha.
Insight
Priced 41% above the local median — but still inside the typical range for Gqeberha.
It's larger than typical, which helps explain where it sits in the range. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Good value · based on 65 listings
Above-average space · based on 65 listings
Market depth
65 listings
Similar homes town-wide
206 days
Median time on market
Many similar homes
Active across Gqeberha
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Walmer is a leafy, established suburb in Gqeberha that offers residents a perfect blend of historic charm, central convenience, and a vibrant community atmosphere close to major business hubs.
* Distances and amenities are approximate.
