GPS Co-ordinates:33°47'11.4"S 25°29'57.2"E
An opportunity for visionaries
This spectacular 155 229 hectare farm consists of two title deeds, to be sold as one unit. One is for business and commercial rights; the second is for agriculture. The combination of these two perfectly-positioned pieces of land allows for the creation of a large residential development that would enjoy huge support from the town, lifestyle estate, retirement village, fuel station, and business hub - the sky's really the limit. Despatch is becoming a development hotspot with an increasing number of permanent young residents, so the location next to the R367 would be a big attraction. Businesses within a 15km radius include the Volkswagen Factory, the Goodyear Factory, Nelson Mandela Bay Logistics Park, SA Breweries Factory, and the Coega Industrial Development Zone, plus an application has been lodged for a wind farm on nearby land. The Gqeberha (formerly Port Elizabeth) Harbour and the Chief Dawid Stuurman International Airport are half an hour's drive away. ) The land comes with a number of buildings that can be incorporated into a new development or expanded: a guesthouse with 20 self-service rooms that's generating an excellent monthly return, 14 freestanding and semi-detached houses, 4 factories, and various storerooms and ablution blocks. In addition to municipal services - water and 3-phase electricity - the property boasts its own substation and 350kva transformer, and it has registered rights to river water. It also has a registered servitude road. This is a piece of gold for investors! Viewing is by appointment.