R 420 000 | Vacant Land / Plot for Sale in Cove Rock

60712 Kalashe Drive, Cove Rock, East London

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Erf Size: 659 m²

Beach Front Plot for Sale

Only a 5 minute walk from the beach this exclusive plot is situated in a quiet cul-de-sac within the secure estate.
As a purchaser, you will be able to:
- Buy directly from the Developer.
- Pay no transfer duty.
- Opt for bank financing, with a 40% deposit.
- Opt for in-house financing.
In-house financing is available, as an alternative to bank financing.
This involves the following:
- A 10% deposit, payable over 6 months.
- Instalments from R4,800 per month.
- Interest rate at 6.75%
Eligible for a bank building loan once 40% of your plot has been paid off.
H.P. Sales Levies R863.00/month
Levies on Transfer R1,764.87/month

In large areas of the development, homes are well-established. Over 200 homes have been built. Half of the available plots in the Estate have already been sold.
All inquiries must be directed to the Developer's Agent, Knobel's Estates.

Excellent communal facilities have been built on the Estate, which include a clubhouse, tennis court, 2 swimming pools, cricket nets, mini rugby field and a mashie golf course.
Priority attention is given to security on the Estate. This includes electrified perimeter fencing, controlled access, bio metric system access, monitoring by security cameras, and surveillance by roving guards.
This prestigious development lies within the Cove Rock Conservancy. It is 143 hectares in extent, bordered to the north-east by the Hickman's River, and stretching south-west for a kilometer along the sun-drenched Wild Coast of the Eastern Cape.
The Estate is close to East London and it offers you not only luxurious seaside living, but also the convenience of quick access to city schools, businesses, and amenities. It is less than a 6 minute drive from the Airport, and 10 minutes from the nearest shopping center.

Please note that viewing is by appointment only.