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13 Padrone Crescent, Santareme, St Francis Bay, Eastern Cape
R 1 150 000
Vacant Land For Sale in Santareme St Francis Bay Eastern Cape Near Level Stand Offering Ocean Views and Coastal LivingSOLE MANDATE: Boasting sea views, which a thoughtfully designed new double story build will truly maximise on, this 708 square metre plot has just been released onto the market. Adding to its appeal, the transfer duty exemption threshold has recently increased to R1.2 million, meaning qualifying buyers will pay 0 transfer duty on the purchase conveyancing fees, Deeds Office fees and bond registration costs still apply, making this an even more attractive investment for this well positioned property.Situated in a quiet street in Santareme, and with bird calls and the sound of the ocean as a backdrop, this slightly elevated, near-level property presents a rare opportunity to build a modern home with sweeping ocean vistas in a highly sought after destination. Surrounded by established neighbours on two sides, the property is already partially enclosed, allowing a new design to incorporate privacy with ease while taking full advantage of the spectacular ocean outlook and magnificent sunrises given its north -east facing orientation.Positioned only 1,5km from the Village retail amenities in St Francis Bay, this plot is also within walking distance of the popular Two Harbours Trail as well as the harbour at Port St Francis which offer several restaurant, bar and retail outlets.Characterized by a distinct MediterraneanSardinian architectural style, Santareme is located on the coast of St Francis Bay,and offers easy access to nearby trails in the nearby proclaimed nature reserves where residents enjoy walking, jogging, riding a bike, and taking dogs for a walk.A Groynes construction project is currently underway in St Francis which will revitalise the eroded beaches, improve coastal recreation, and enhance the Kromme River access for boating and fishing. Once this project is completed property values are expected to provide steady growth making this vacant stand and a new build opportunity a smart investment for both lifestyle and a future return.Contact me for a viewing if you are interested in building on this exceptional offering in a great coastal haven. Show more Show less
Estimated monthly repayment
R 10 860
on a R 1 035 000 bond over 20 years at 11.25%
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13 Padrone Crescent, Santareme, St Francis Bay, Eastern Cape
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Tumi Sibanda
Unclaimed listing — claim it to verify
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