Ref. No - BFS00251
South Africa, Western CapeRef. No - BFS00251
Sector - Property
Summary
This property falls within the development sphere in the southern suburbs that leans itself ideally for student housing- the universities and nearby colleges have a dire shortage of housing which was now also addressed in the SONA 2026 by the State President
This property offers two semi detached 3 bedroom dwellings together with a substantial 4- bedroom double storey home with a separate flatlet. Add to this that it falls within a historic framework area, thus presenting outstanding potential for mixed use, residential income, or future redevelopment
General Business 1 allows for business or mixed use whilst General Residential 4 supports higher density residential use
With excellent exposure , strong demand for these zoned properties adding the heritage character, this will be any investor/developer’s dream
Full particulars can be supplied to interested buyers
Give me more informationHow long has the business been established?
2020
What is the approximate age of the buildings?
26 years
What is the zoning of the property and what can be developed thereon?
Residential 4 - thus block of simplexes/duplexes- GR4
General Business 1-
Are there building plans available?
Yes
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