Lock-up and go development opportunity a hop and a skip from the most beautiful coastline in the Overstrand
Capitalise on the burgeoning interest in Pearly Beach and buyers' demand for lock-up-and-go weekend getaways.
Over the past two years, Pearly Beach has garnered increased attention from retirees, holidaymakers, and investors seeking tranquil coastal living. The village's expansive beaches and serene environment have made it an emerging gem in the real estate market. This growing interest has led to a gradual appreciation in property values, with small holiday homes and plots with development potential becoming particularly attractive to buyers.
In terms of property sales, there has been a notable increase in activity. The average property price in Pearly Beach rose from R650,000 in 2022 to R1,000,000 in 2024, reflecting the area's rising appeal.
This is currently the only plot of its size already approved for sectional title development, and the shrewd investor will make use of this unique opportunity to develop lock-up and go units in the heart of Pearly Beach. The site plan caters for 15 units of five different designs with footprints of 113m2, 127m2, 133m2, 138m2 and 152m2.
The plot has been:
* Rezoned, suitable for a sectional title development
* Already advertised as such
* Granted municipal approval.
* Title deed has been altered
* Town planner's report available
Come and see where your next successful venture begins.
