NEW
Web Ref PRR136
R4,950,000
Monthly Bond Repayment R51,093.32
Calculated over 20 years at 11.0% with no deposit.
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Vacant Land - Development Opportunity
This vacant land presents a rare opportunity to acquire a prime site with detailed groundwork already completed for a medium to high-density residential development – The Crest Village. Approved development plans are included in the sale.
Strategically located on the urban edge of Plettenberg Bay, as outlined in the Municipal Spatial Development Framework, the property lies just 2km from the CBD. Ladywood has been earmarked as the town’s primary growth node, with increasing interest for both residential and commercial expansion.
With Plettenberg Bay’s population now at approximately 67,656 (2025) and a notable annual growth rate of 5.54% – one of the highest in the country – there is a growing demand for affordable housing solutions. This site offers forward-thinking investors and developers the perfect platform to meet that demand.
Strategically located on the urban edge of Plettenberg Bay, as outlined in the Municipal Spatial Development Framework, the property lies just 2km from the CBD. Ladywood has been earmarked as the town’s primary growth node, with increasing interest for both residential and commercial expansion.
With Plettenberg Bay’s population now at approximately 67,656 (2025) and a notable annual growth rate of 5.54% – one of the highest in the country – there is a growing demand for affordable housing solutions. This site offers forward-thinking investors and developers the perfect platform to meet that demand.
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