Farm For Sale in Albertinia

Property description

Nestled within the scenic expanses of the Garden Route, Portion 33 of the Farm Buffelsfontein No 435 presents an exceptional opportunity for visionary developers. Spanning approximately 23 hectares and currently zoned as "Agriculture Zone I" under the Hessequa Zoning Scheme By-Law, this property is poised for transformation. An approved consent use from 22 April 2016 paves the way for the development of a guest house and tourist facility, highlighting the property's potential for tourism and local economic development.
Located outside the demarcated urban edge and earmarked for nature conservation and a critical biodiversity area, the property offers a blend of ecological beauty and development potential. The path to unlocking its full potential involves a strategic two-phased approach. The initial phase requires an application to include the property within the urban edge of Albertinia, aligning with the town's need for new commercial spaces and employment opportunities. Following this inclusion, a subsequent application for rezoning and subdivision will set the stage for the envisioned development, ensuring environmental compatibility.
The proposed development, requiring rezoning to a "subdivisional area" and subdivision into various erven, also mandates a simultaneous application for Environmental Authorisation and Subdivision of Agricultural land in terms of Act 70 of 1970. Although the Municipality's approval for incorporating this land within the urban edge is a crucial step without guaranteed outcome, the proposal's merit and the escalating land prices in the Garden Route underscore a unique opportunity.
The Seller offers an innovative leasehold deal for a portion of the property, proposing a 99-year lease for the "Tiny Town" segment, thereby leaving approximately 14.4 hectares for development post allocation for roads and the N2 corridor.This arrangement presents a lucrative chance to work collaboratively with the Municipality on a mix of residential properties, leveraging the Farm's potential to craft a development that harmonizes growth with environmental stewardship.
"Nadat  5 ha afgemerk (  landmeter ) is en op n kaart,  aangedui is as n opbetaalde 99   jaar huurpag op die titelakte .
Sodra die grond ingelyf is by die Munisipalteit  kan my gedeelte afgesny word en die huurpag word opgehef op die titelakte .
Die eiendom is in Mpy en die mpy kan oorgeneem word "