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Development opportunity
Date & Time Listed: 2011-09-19 15:29:56 (GMT)

Posted in Categories: Real Estate, Land for Development
Posted From: South Africa, Eastern Cape, Jeffrey's Bay


Ad Details:

- Site Conditions: · Mostly vacant
(Previous Shark Aquarium, demolished, & Restaurant
- Surroundings: · Inside the Perimeters of the Existing Marina Martinique
· Next to the Jeffrey’s Bay Beach / Indian Ocean
· Bordering the Saltwater Marina Canals
this property has been zoned as Marina Centre in compliance with Section

1.6.4, an annexure to the Jeffrey’s Bay Zoning Scheme Regulations, 1999.
Property and building may be utilized as stipulated below:
- Primary uses indicate the purposes for which the land may be used and / or building may
be erected and used:
· Business Premises
· Place of Assembly
· Place of Instruction
· Townhouses
· Blocks of Flats
· Boat Repair Shop
· Canals and Small Boat Moorings
- Consent uses indicates the purpose for which the land may be used and / or buildings may be
erected and used under the zoning only with theconsent of the council in terms of Section 1.6.4.
· Licensed Hotel
· Residential Buildings
The land use as per the Jeffrey’s Bay Zoning Scheme Regulations is as follows:
Development Parameters: Land Use Restrictions:
- Floor Factor 1.2 (53 155m²)
- Coverage 40% (17 718m²)
- Height 4 x Storeys
- Street Boundary 9m
- Canal Boundary 2m
- Parking 1.25 per Unit
The site potentially allows for 625 units (residential flats) of 85m² per unit
· Small Private Residents’ Beach
· Clean Seawater Waterways for Swimming, Boating and Fishing
- Extras: · Strict Access Control
· Cape Caribbean Building Style
· Construction sectioned off from the rest of the development
· Most units will have either sea or canal views
- Within currently existing infrastructure of Marina Martinique Beach Resort.
- The Marina Martinique security complex is under 24 hour surveillance and perimeter patrol,
with strict entrance access control.
- +/-5.5km of seawater canals already designed,constructed and fully functional.
- Ocean on the one side and waterways on the other – complete private waterfront right next
to the beach.
- The location offers a waterfront lifestyle.
- The city of Port Elizabeth is just 72km away,making it a mere ±45 minute drive to the
airport and all the major stores, factories andspecialist services.
- The recent opening of the Coega deep sea porttremendously increases import traffic,
together with property values in the area.
- Jeffrey’s Bay is just off the N2, a comfortable highway to Knysna and further down to Cape Town.
- All bulk services agreements are already in place.
- The rezoning of Erf 1344 is already in place and projected development is within the current
zoning scheme.
- Due to the fact that the planned Marina Village is within an existing development, electricity
has already been allocated to the site.
- This is the only site in the area big enough to allow development of a lifestyle commercial Complex.
Keywords:

development opportunity


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Related Links:
* Jeffrey's Bay - Real Estate Classified Ads
* Eastern Cape, South Africa - Real Estate Classified Ads
* South Africa - Real Estate Classified Ads
* Jeffrey's Bay - Land for Development Classified Ads
* Eastern Cape, South Africa - Land for Development Classified Ads
* South Africa - Land for Development Classified Ads


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