Property description

Discover an exceptional commercial development opportunity in the coastal suburb of Kelso, Pennington, South Africa. This expansive 2315 sqm erf presents a unique chance for visionary investors to capitalise on a prime location with significant redevelopment potential. While the existing structure is in a state of disrepair, requiring extensive renovation or complete demolition, it offers a blank canvas for a bespoke commercial venture. The property boasts stunning panoramic ocean views, visible through lush natural foliage, and is situated within a desirable coastal beach environment. The generous erf size provides ample space for a substantial development, whether for hospitality, retail, or a mixed-use project, subject to local zoning and approvals. The natural surroundings, including a densely vegetated hillside, offer a tranquil backdrop and potential for integrated green spaces. Access to the property is facilitated by a minor paved road, with a rustic wooden fence marking the boundary. The clear blue skies and natural light enhance the appeal of this coastal setting, promising an attractive environment for future patrons or residents. This site is ideal for an investor looking to create a landmark commercial property that leverages its breathtaking sea views and sought-after location. This offering is not merely a property; it's an investment in potential, allowing for the creation of a modern, purpose-built facility tailored to market demands. The existing challenges of overgrowth and structural neglect are offset by the inherent value of the land and its unparalleled views, making it a compelling prospect for those with a strategic development vision. Key Features: * Expansive 2315 sqm commercial erf * Panoramic ocean views * Prime coastal beach location in Kelso * Significant redevelopment opportunity * Paved road access * Lush natural surroundings * Ideal for visionary investors