Big Bay Property

for Sale...

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Welcome to Big Bay Propery for Sale...

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This Prime Property for Sale, comprises a Vacant Stand/Plot of approximately 433-SqM, in the Elite Housing Estate, known as "Waters Edge Estate", in Big Bay, Cape Town (South Africa).

Waters Edge Estate is a Secure, Upmarket, Residential Estate with only 62x single residential plots/stands within its boundry. This is an idealic place on which to build your Dream Home. With the New Legislation pending, housing estates of this nature, are soon to be a thing of the past, as future developments will not be permitted within a 100-Meters from the High-Water Line, anywhere along the South African Coastline.

Don't miss this fantastic opportunity to Live among the Elite in Big Bay. Waters Edge Estate offers you a chance to build a home, next to Cape Town's new Water-Front Development, Eden-on-the-Bay, which opened it's doors recently. This Big Bay Property, gives you access to a Lifestyle, which is definately a cut above the rest, with Beach, Shopping & Businesses all within walking distance.

Developers Note:
This Prime Property can be purchased and Developed (according Building Guidelines) into a fine home, which is sure to rake in a substantial Return On Investment (ROI). Apartments in the adjoining Eden-on-the-Bay Development, are currently being marketed at approximately R40'000 per Square Meter. So, Pro-Rata a 350-SqM Home in Waters Edge Estate could attain a Selling Price in excess of R14-Mil (ZAR). OK, reality check... Current market and the fact that this property is it not on the Front-Row, but who would sneaze at a Selling Price of ±R8-Mil, on a home that would cost ±R4.5-Mil to build (complete with Lux-Finishes), Plot price included?

Big Bay Property for Sale - Waters Edge Estate - Features:

• Property Size = 433-SqM
• Monthly Levy = ±R1100 P/M
• Building Guidlines Supplied
• 24-Hour Manned Security
• Controlled Access & CCTV
• Private Access to Big Bay Beach
• Private Access to Eden on the Bay

This is one of the few Areas in the Country where Property Prices are still climbing, even in these adverse conditions!

Price Reduced: R2.2-Mil (ZAR)

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