House For Sale in Sedgefield

Property description

WESTERN CAPE DEVELOPMENT OPPORTUNITY – Situated at SEDGEFIELD, THE GARDEN ROUTE.

This incredible 28.666 Hectare property is one of the last development opportunities situated in the beautiful village of SEDGEFIELD on the GARDEN ROUTE.
Conveniently located between the urban hubs of George and Knysna with direct access to the only freshwater lake on the Garden Route and down the road from the idyllic Platbank beach.

GREENMERE LIFESTYLE ESTATE IS perfectly located for developing
• RETIREMENT VILLAGE
• 93 PLOT AND PLAN ERVEN
• LIFESTYLE ESTATE
• WELLNESS AND ECO ESTATE

This property comprises
* 93 RESIDENTIAL ERVEN
* RESORT
* RESTAURANT AND BUSINESS PREMISES
* 28.666 Hectare

GREENMERE comprises 6 phases and is sold as a vat registered going concern.

PHASE 1 - Business zone 11 – 0,3104 hectare
Comprising: Restaurant, shop, store-room & adjoining 3-bed, 2-bath walled apartment

PHASE 2 - Resort zone 1 – 1,3195 hectare
Comprising: 8 semi-detached garden lodges (2 bed, 1.5 bath); camping sites; ablution block & swimming pool

PHASE 3 - Residential zone V – 1,3639 hectare
Comprising: 5 timber cottages (3 bed, 2 bath); main residence (5 bed, 3 bath); resort office; fitness centre (jacuzzi, sauna, steam, exercise machines & massage room); swimming pool; ablution block;
laundry room; scullery; squash court; tennis court

PHASE 4 TO 6 – Residential zone 1 - 5,4497 hectare
Comprising: 93 single residential erven

The going concern is currently operating as a caravan park and holiday resort.

The following has been approved / locked in / commenced:

1. Environmental authorisation (ROD)
2. Licence to abstract ground water
3. Rezoning & subdivision rights entrenched
4. Service level agreement has been signed with the municipality
5. Site development plans approved
6. Phased development application approval
7. Home owners association approved
8. Architectural design manual approved
9. Street names and numbers approved
10. General plan – approved by the surveyor general
Approved borehole providing 50,000 cubic meters of water per annum

This truly is an incredible opportunity for development in SEDGEFIELD, THE GARDEN ROUTE, WESTERN CAPE.