Calling all Developers - A Sectional Title Development Up for Grabs!

Prime investment in sought-after Umzumbe nature estate, an operating sectional-title development with 24 sold units, rights to build 33–40 more and multiple vacant stands.

This successful sectional title development is a going concern and is available for purchase from the company who has the rights to further erect approximately 33 to 40 more units in this stunning nature estate in sought after Umzumbe!

There are already 24 units that have been completed and sold as the unit price and specifications are very conducive to the current market.

Buying the shares in Hideaway Development includes:

9 Vacant stands in phase one;
Approximately 40 vacant stands in phase 2;
All other related movable assists and equipment.

Phone now to view!

Additional Features

Pool

Monthly Costs

Estimated Repayment

R 14,136

TotalR 14,136

* Monthly costs are estimates and should be confirmed with the agent.

Property history

Listed for sale at R1,600,000

18 Mar 2020

Area Overview

Umzumbe Central offers a tranquil, coastal lifestyle characterized by pristine beaches and a close-knit community atmosphere, making it an ideal retreat for those seeking a peaceful seaside home away from the bustle of larger cities.