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Westering, Westering, Port Elizabeth (gqeberha), Eastern Cape
R 2 950 000
Prime Residential Development Opportunity | Cotswold, Gqeberha EXCLUSIVE MANDATE - Prime Residential Development Opportunity | Cotswold, GqeberhaPositioned in the fast-growing Cotswold area, this exceptional 2.688-hectare development site offers investors and developers the opportunity to secure large-scale residential land in an area where demand continues to outpace supply.With a proposed residential density of 40 units per hectare, the property presents the potential for:Sectional title developmentsModern townhouse estatesLifestylesecurity estatesMulti-unit residential investment projectsThe site enjoys a strategic position surrounded by established residential suburbs, schools, shopping centres, and major transport routes, while still offering a peaceful, semi-rural setting highly attractive to todays buyers and tenants. Nearby amenities include Sunridge Village, Moffett Retail Park, leading schools, and key arterial routes.Large, well-located development parcels of this scale are becoming increasingly scarce within the Gqeberha residential market particularly sites that offer both strong density potential and desirable lifestyle positioning.Key Highlights:26,880m2 2.688 hectares of development landZonedearmarked for residential development at 40 units per hectarePotential yield of approximately 107 unitsStrong demand node within the western suburbsIdeal for developers, investors, or land-bank opportunitiesExcellent accessibility to schools, retail, and amenitiesPositioned within a growing residential corridorThis is an opportunity to acquire a substantial development holding in one of Gqeberhas expanding residential nodes, with the scale and flexibility to create a high-demand residential offering tailored to the modern market. Show more Show less
Estimated monthly repayment
R 27 858
on a R 2 655 000 bond over 20 years at 11.25%
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Westering, Westering, Port Elizabeth (gqeberha), Eastern Cape
Listed by
Karabo Taylor
Unclaimed listing — claim it to verify
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