Property Details

Sole and Exclusive Mandate

This 1270 square meter vacant riverfront plot is situated in Riverside Park, and it is not every day that a riverfront property come on the market at this asking price. Riverside Park used to be farm with the boundaries ending in the middle of the Sundays River, but SANPARKS took control over of the river up to the high-water mark. Should you wish to build a jetty then you need to get permission from SanParks first, unless if you negotiate with any of the existing jetty owners to share the maintenance cost and use of their jetty.

The open space in front of the property is registered in the name of the Riverside Park Homeowners Association and classified as Private Open Space, meaning that only owners or members and their friends or family members can use the open space and it is not open to the public. You will not be allowed to build any wooden structures or container homes on the property, but you will be allowed to build a Nutec home if you don’t want to build with normal bricks.

Seeing that it was a farm previously, there’s only one Eskom and water point. All the owners then send their meter readings to the Homeowners Association monthly. Unfortunately, the current transformer reached its maximum capacity and the Homeowners Association plan on upgrading it in the future and at this stage the plot only has a water connection point, and the new owners will have to go the solar route if they wish to build now.

The entrance into Riverside Park is opposite the entrance road into the Addo Elephant National Park southern entrance gate. The Port Elizabeth Airport is only a 25-minute drive away and the new Coega Industrial Zone and Harbour only 15 minutes’ drive away. The monthly levies to the Riverside Park Homeowners Association are only R500.00 per month.

If you are thinking of building your dream home on the banks of the Sundays River, then contact Bertie van Deventer today to make your appointment to view this investment opportunity.