A rare development opportunity in the heart of Beacon Bay, one of East London’s most sought-after suburbs. This large 1 987 m² erf is being offered on auction, presenting an exceptional chance for developers to capitalise on location and land size.
The existing structure is dilapidated and vandalised, making this an ideal knock-down or major redevelopment project. The true value lies in the land, offering strong potential for redevelopment, subdivision or multiple-unit development (subject to municipal approvals).
Opportunities of this size in Beacon Bay are extremely scarce. Positioned close to key amenities, retail nodes and main access routes, this site is perfectly suited for a high-return development project.
Serious developers invited to bid.