925 m² Land available in Great Brak River

Exclusive Mandate - Rare Boutique Development Site R3 Million

Location

An exceptional erf of 925 m2 situated alongside the historic railway station precinct. The existing heritage station building ensures timeless character and foot traffic appeal, while the available development area offers a prime 25 m 20 m footprint with unique views of the island and the ocean beyond.

Development Potential

Gross buildable area: 1000 m2 (UP to 3 levels must allow 30% of gross lettable area for parking space)

Suggested configuration:

Ground floor (500 m2 building): boutique retail, gallery, cafe, or destination restaurant space, 4m height, parking space for 20+ vehicles and on-ramp(400m2 parking area)

First floor (300 m2): Offices/luxury apartments 3m height with balconies and panoramic views and parking for around +/- 10 vehicles (200m2)

Rooftop terrace: entertainment or shared leisure area, under verandah, building has a total height restriction of 12m.

Why This Site

Unmatched setting: historical backdrop + island views, ease of access to major motorways

High yield potential: residential sales or holiday rentals

Scarcity factor: one of very few sites combining historic character with modern development flexibility

Scale: boutique-sized project ideal for niche developers

Financial Snapshot (illustrative)

Build cost: R15,000/m2 R12m

Sale value: R30,000/m2 R24m

Margin potential: 37.5%

Key Features

25 20 m footprint (300 m2 per upper level)

Up to 3 buildable levels + rooftop

Luxury apartments overlooking the island

Heritage character ensures long-term value, sought after location

Call to arrange for an opportunity to view