Canal Plot Erf 3023 

We are looking for offers from R800,000, the asking price being R900,000. This will be the least paid for a canal plot since 2008! The next cheapest plot on the canals is R1.4m!

Erf 3023 (705m2), 10 Schooner Lane, is situated in a private inlet off the popular Admiral’s Passage.  Please see attached erf diagram and deed’s office report, and locality sketches below. Sole Mandate.

Hold it as an investment, or build a very nice north-facing double storey house, about 250 to 300m2, with bedrooms upstairs (3 or 4), with north-east views over the water. Plus a separate garage in the southern corner.

The house to the north (already built) is lower, so there will be a good view over it from upstairs. There are also some trees which obscure that house and provide privacy. (They need to be trimmed). Erf 3022 is vacant, a smaller plot, about 500m2. The next one erf 3021 (also about 500m2) has a house on it. Unfortunately Google didn’t drive down Spinaker, but I have attached the view from Sunset Drive.

Our web listing:…/700-m2-vacant-land…/1sa1164804

The rates are municipal value (R1.7m) x the rates factor (0,00612892) = R10,419 pa = R868 pm.

Read Deeds Office Resort (click link below)

Erf 3023 – Deeds Office Report

Erf 3023 St Francis Canals

Erf 3023 - St Francis Canals