1 Castillo de Arena, East Cape

The sale is for the development company which developed the Castillo de Arena community. Currently the community has over 120 sold lots and 64 home built or under construction. The assets for sale are 64 unsold lots, 2 spec homes, 97 hectares (240 acres) of additional development land and improvements which include a pottery studio, 2 pickleball courts, 1 bocce ball courts and 2 washrooms. Also included is a water system to serve the lots with potable water from a centralized storage tank. Water is trucked to the community from a well 1 km away. The project is for sale as the owner is retiring. He will offer his services as a consultant for 6months after the sale to pass on his extensive knowledge of the community and relations with the city. A presentation package is available.