Description
- Opening Bid: R20,000,000
- Estimated Market Value: R50,000,000
- Bidding Closes: Thursday, 10 September 2026 at 14:30
- Auction Venue: Online Auction
- Property Address: Portions 1, 2 and 3 of Farm 438, Ladywood Estates, Knysna Road, Plettenberg Bay, Western Cape
- Property Type: Mixed Use – Development Land
- Title: Full Title
- Combined Land Size: Approximately 179,389 m² / 17.94 hectares
Key Features
- Almost 18 hectares of development land in Plettenberg Bay
- Three adjoining full-title portions, offered as one substantial landholding
- Approx. 179,389 m² combined
- Previous development planning for approx. 812 residential apartments
- Proposed ±10,200 m² neighbourhood retail centre
- Supporting engineering, traffic and environmental studies undertaken
- Positioned alongside the N2, with excellent visibility and accessibility
- Close to established residential areas and central Plettenberg Bay
- All three portions held under the same ownership
- Ideal for developers, investors, rental-housing operators and strategic land bankers
- Development rights, approvals and proposed scheme details subject to purchaser verification
Property Description
A rare opportunity to acquire a large-scale development site in Plettenberg Bay, comprising three adjoining portions of Farm 438, Ladywood Estates.
Together, the properties measure approximately 179,389 m² / 17.94 hectares, creating a substantial development opportunity in a highly visible position alongside the N2.
The landholding comprises:
- Portion 1: 57,977 m²
- Portion 2: 59,831 m²
- Portion 3: 61,581 m²
The site has previously been the subject of extensive mixed-use development planning, including a concept for approximately 812 residential apartments together with a proposed ±10,200 m² neighbourhood retail centre.
A range of supporting professional work has also been undertaken, including engineering, traffic and environmental studies, providing prospective purchasers with a useful foundation for further development investigation.
With almost 18 hectares in one consolidated offering, strong N2 exposure and close proximity to Plettenberg Bay, this is a standout opportunity for developers and investors looking for a site of meaningful scale on the Garden Route.
The property is sold in its current state. All zoning, development rights, approvals, layouts, service capacities and development-related information must be independently verified by the purchaser.