R6,500,000

R6,500,000

2,968m² Vacant Land For Sale in La Mercy

2,968m² Vacant Land For Sale in La Mercy

Web Ref. CENC-4049
Land size 2968.00 m²
Monthly Bond Repayment
R63,806.82
Prime Development Opportunity in a High-Growth Coastal Node
Positioned within one of the most sought-after and rapidly developing precincts, this exceptional 2,968m² parcel of land presents a rare opportunity for visionary investors and developers. Surrounded by a wave of modern infrastructure and premium lifestyle amenities, the property is ideally located to capitalize on both current demand and future capital appreciation.
The site lies in close proximity to key landmarks, including the renowned Sibaya precinct, known for its vibrant mix of entertainment, hospitality, and luxury living. It also benefits from seamless accessibility to major transport routes, placing it within approximately 5 km of Gateway Mall, one of the region’s premier retail and commercial hubs. The nearby coastline further enhances the lifestyle appeal, making it highly attractive for both residents and short-term rental markets.
Development Potential
This well-positioned land is primed for a multi-storey residential development, with approved or conceptual capacity for:
26 residential units, thoughtfully designed to accommodate a mix of:
1-bedroom units (ideal for young professionals and investors)
2-bedroom units (suited for small families or shared living)
3-bedroom units (targeting families and upscale buyers)
A 6-level structure, maximizing vertical space while capturing potential sea or area views depending on architectural design.
Basement parking, ensuring secure and efficient use of space, complemented by additional parking bays for residents and visitors.
Investment Highlights
Located in a high-demand growth corridor with ongoing residential and commercial expansion
Strong potential for rental yield and long-term capital appreciation
Close to major retail, entertainment, and transport nodes
Ideal for modern sectional title development or rental-focused residential scheme
Positioned within a lifestyle-driven environment appealing to both local and international markets
This property represents a strategic acquisition for developers looking to deliver a contemporary residential offering in a thriving urban node. With demand for well-located, secure, and modern housing continuing to rise, this site offers the perfect foundation for a high-performing development.
Monthly Rates R19,500

Features

Sizes
Land Size 2,968 m²
Listing Info
Date Listed 19-03-26
Fred Zungu
Fred Zungu Qualified Property Practitioner

La Mercy, La Mercy

Google map for 2,968m² Vacant Land For Sale in La Mercy

Disclaimer

While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.