A rare opportunity to unlock the potential of a rare and prestigious development opportunity. Four separately registered erven with own Title Deed (not Sectional Title) with building plans awaiting imminent approval. Level site for construction of a luxurious triple-storey design, varying in floor area from 300 – 340sq.m. Each dwelling comprising 3 x en-suite sea-facing bedrooms, living areas opening onto garden terraces, internal lifts. The double garages and additional on-site guest parking via a shared access, are approached from the south via the quiet cul de sac of Goedegift, off Runciman Drive . These homes , located in the wind protected area, will enjoy views of the majestic False Bay, a natural mountain water feature and footpath access to Main Rd and the historic gems of Jubilee Square and the operational Naval Basin, whale-watching, walks to Victorian Waterfront and False Bay Yacht-Club. The recently developed Bay Harbour Shopping Centre is only 3 kilometres away along the Main Road, offering excellent retail and medical facilities. The location allows convenient access to Cape Town by road or rail. Prices include; architect approved plans, engineering drawings, supplementary information & Transfer Duty. Possible JV development is an option. Alternatively, individual purchasers to jointly appoint a contractor for simultaneous development. Asking prices for individual Erven range from R2,3 – R3,2 Million. Alternatively, the entire site comprising 4 erven at R9,2Million, including VAT – these could then be re-consolidated to form a prestigious single residential unit.
Updated on July 22, 2021 at 9:16 am
Reference #: 1325263
Suburb / Town: Cape Town
Property Type: Vacant Land / Stand
Stand Size: 1756.0 m²
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