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Development land of 2,574 m² with commercial zoning and existing buildings for various ventures. Price negotiable.
"DEVELOPERS ALERT"
The first option is to purchase the development land, or the second option is to purchase the property including all the existing buildings, at a price to be discussed with you.
Either way, you can make this work!
FIRST OPTION -
This incredible piece of land holds immense potential and awaits a dedicated developer to bring it to life. Spanning an area of 2,574 m2, this plot offers limitless possibilities for development.
SECOND OPTION
With its commercial zoning, the existing buildings can be repurposed for various ventures, such as accommodations, a retirement facility, sectional offices, a clinic, and more.
Alternatively, if rezoned for residential use, the land can accommodate the construction of double-story homes. Situated within the Whalesong Hotel premises, this property provides an opportunity to access shared amenities like the pool, laundry facilities, reception area, and restaurant. The shared costs of maintaining the common property add to the appeal.
The standout feature of this plot is the breathtaking panoramic views it offers, encompassing the lagoon, sea, and mountains. Additionally, its strategic location ensures convenient access to shops, the hospital, the beach, and other essential amenities.
Price is vat exclusive
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R6,800,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 26 listings in Plettenberg Bay (town)
Insight
Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 151% above the median.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Market depth
26 similar listings
Medium similar land inventory town-wide (Plettenberg Bay)
Median time on market: 259 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Bowtie is a tranquil, well-established residential enclave in Plettenberg Bay that offers residents a peaceful suburban lifestyle with convenient proximity to the town's pristine beaches and essential commercial hubs.
* Distances and amenities are approximate.
