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Property
Description

Property Description

This approved development land bordering they old Arlington Horse race course. Remainder of Erf 559 Walmer has the approval to be subdivided and zoned into Residential 1, Residential 4 and business stands. The gross size of the site is 10.91Ha with the total residential area is 6,77Ha. Residential 1 opportunities are 143 units and Residential 4 units are 470 make this a total of 613 units in total.

Features

Proposed Subdivision

Residential 1 - 143 Erven (20720 Sqm) -Portion number 1-143

Business Zone 1 - 2 Erven (10150 Sqm) - Portion number 148 & 150

Open Space Zone 1 - 3 Erven (10740 Sqm) - Portion 150 - 153

Transportation Zone 2 - 1 Erven (17244 Sqm) - Portion 155

Proposed Hybrid Subdivision

Residential Zone 4 - 4 Erven (47013 Sqm) - Portion 144 - 147

Special zone - 1 Erven (3272 Sqm) - Portion 154

Area Description

Port Elizabeth, officially renamed Gqeberha (Xhosa: [ᶢǃʱɛ̀ɓéːxà]) and colloquially often referred to as P.E., is a major seaport and the most populous city in the Eastern Cape province of South Africa. It is the seat of the Nelson Mandela Bay Metropolitan Municipality, South Africa's second-largest metropolitan district by area size. It is the sixth-most-populous city in South Africa and is the cultural, economic and financial centre of the Eastern Cape.The city was founded as "Port Elizabeth" in 1820 by the government of the Cape Colony when 4,000 British colonists settled Algoa Bay to strengthen the border region between the Cape Colony and the Xhosa. It is nicknamed "The Friendly City" or "The Windy City". In 2019, the Eastern Cape Geographical Names Committee recommended that Port Elizabeth be renamed Gqeberha, after the Xhosa and Southern Khoe name for the Baakens River that flows through the city. The city's name change was officially gazetted on 23 February 2021.Located on the western portion of Algoa Bay along the southeastern coast of South Africa, the city lies 770 km east of Cape Town. It is east of the Garden Route and faces the Indian Ocean. It covers 251 square kilometers of the Nelson Mandela Bay metropolitan area, South Africa's sixth-largest metropolitan municipality. The city's warm oceanic climate ranks it among the top cities in the world for pleasant year-round weather. The city is known for many blue-flag beaches along the city's urban coastline; its popularity as an international and local holiday destination; and its rich and diverse cultural heritage. It is a gateway city for the Eastern Cape's adventure, outdoor and African big five game safari tourism.

Area Amenities

Total - Charlo 1.90km

Intercare Walmer 1.66km

MediCross Walmer 1.87km

South African Police Service - Walmer 3.09km

Kings Court Shopping Centre 1.68km

PROPERTY TYPE:
Commercial

PROPERTY ADDRESS:
Victoria Dr (M18), Walmer - Property Ref: f108164, Nelson Mandela Bay, Eastern Cape

AUCTION ADDRESS:
Masingita House , 41 West Street , Houghton Estate , Johannesburg , Gauteng

AUCTION DATE:
2024-05-07

AUCTION START TIME:
11:00

KEY FEATURES

ERF SIZE: 109092m2


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