Vacant Land For Sale in Paternoster

Property description

Nestled in the vibrant heart of Fisherman’s Village, this prime piece of land is conveniently located near the town's entrance, whilst providing easy access to the beach. It presents a unique opportunity to acquire a substantial piece of land 2100 in total that is perfect for the development of a guest house or self-catering accommodation.

Originally comprising four town erven, two were consolidated and the land being sold herin is now registered as three separate portions. One of these can be designated solely for parking, while the other two erven can be combined for a larger development project.

These properties are all registered in a development company vehicle that can be taken over by a new developer and be utilised for the purpose it was intended for.

Architectural guidelines are in place to ensure cohesive development, and there are no time restrictions for building, making this an ideal investment opportunity.