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162 Kragga Kamma Road, Beverley Grove, Port Elizabeth (gqeberha), Eastern Cape
R 11 000 000
Prime Development Opportunity available.Positioned on the urban edge of Beverley Grove, Lorraine and Kamma Park, and bordering the sought-after Theescombe area, this exceptional 9.4-hectare property presents a rare opportunity for developers and investors.The predominantly flat land offers endless development potential and has been earmarked for residential use in terms of the Nelson Mandela Bay Metropolitan Municipality Spatial Development Framework SDF. A new SPLUMA application will be required, providing the opportunity to tailor future development plans to market demands.Valuable due diligence information is available, including previous development proposals, business zoning components, and a traffic impact assessment.The property is improved with a spacious farmhouse and various outbuildings, adding immediate utility while planning future development.Importantly, the necessary title deed restrictions have already been removed, streamlining the path toward unlocking the property''s full potential.9.4 hectares of flat, developable landPrime position bordering TheescombeEarmarked for residential development in the NMBMM SDFPrevious development studies and reports availableSpacious farmhouse and outbuildingsTitle deed restrictions removedExcellent opportunity for residential or mixed-use development subject to approvalsA strategic landholding in one of Port Elizabeth''s expanding growth corridors, offering exceptional long-term value and development potential. Show more Show less
Estimated monthly repayment
R 103 876
on a R 9 900 000 bond over 20 years at 11.25%
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162 Kragga Kamma Road, Beverley Grove, Port Elizabeth (gqeberha), 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
Andile Van der Merwe
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Kragga Kamma