Development opportunity for KZN coastal equestrian estate

News > news - 16 Dec 2005
Sheffield Manor: An aerial view of the prime development land available just north of Ballito on the KZN north coast.
A prime opportunity has presented itself on the KwaZulu-Natal north coast, where 350 hectares of development land has become available for purchase through Pam Golding Commercial Auctions.

”Situated north of Ballito this fully surveyed and approved development scheme - known as Sheffield Manor - offers buyers investment potential. A key advantage of its location is the approval of plans to start the new International King Shaka Airport at La Mercy" says Geoff Stroebel, business development manager for Pam Golding Commercial.

The development is that of an upmarket residential equestrian estate.

The estate comprises 949 erven in total, ranging from 1 000sqm 'Country Club' townhouse properties to five-hectare 'Gentleman's Estate' properties providing ample room for stabling, paddocks and lunge rings.

The 350 "Beach 1, 2 and 3" residential sites, with Indian Ocean views are approximately 2 300sqm. PGP says thee plans also provide for a boutique hotel and beach club.

Two polo fields with a clubhouse will form the nucleus of the estate, and, according to PGP, Sheffield together with Inanda in Gauteng, and Kurland in Plettenberg Bay, complete the international polo scene in South Africa.

Based upon the high demand for residential property and the ongoing success of the Zimbali development, the concept of Sheffield Manor was initiated late in 2003.
Full approval has been given the project by the Ezemvelo KZN Wildlife and the Department of Agriculture & Environmental Affairs, as well as the granting of permission by SANRAL (SA National Roads Authority) for the construction of a new interchange to be built at the site of the existing bridge over the N2 on the north-western sector of the township.

This development opportunity will be sold to the highest bidder by public auction in mid-February 2006.
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