Invited Opening Bid R10 000 000
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A rare and exceptional opportunity to secure 12.9772 hectares of prime land, already subdivided into 150 residential plots, in one of the Eastern Cape’s most sought-after coastal regions.
Endless possibilities whether you’re envisioning:
A modern residential estate
A private sanctuary or family compound
A boutique eco-lodge or retreat
Or tapping into the growing aviation-lifestyle market next to the licensed public airfield
Perfectly positioned alongside the licensed Paradise Beach Airfield (FAPX) — the only public airfield between Port Elizabeth and Plettenberg Bay — this estate offers a unique opportunity to develop South Africa’s next signature aviation lifestyle community.
Globally, residential airparks are a fast-growing lifestyle asset class, thriving in the USA and Europe. Locally, only a handful exist in SA — none with this level of positioning and coastal proximity.
Property Highlights
Paradise Beach is a suburb of Jeffreys Bay in Sarah Baartman District Municipality in the Eastern Cape province of South Africa. It is situated about 80 kilometres west of Port Elizabeth
A 10% deposit and 5% auctioneers fee (plus VAT on fee) is due and payable by the highest bidder once bidding has closed. See Legal tab for Special Conditions.
Please note: All legal documents can be viewed by clicking on the ‘Legals’ tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also ensure that you are continuously updated regarding any pricing changes on the property prior to auction.
No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.