593 m² Land available in Observatory

R 4 600 000

Victoria Silberbauer

RE/MAX-Premier

Kevin Abbott

RE/MAX-Premier

ON SHOWSun 20 August, 2:00pm - 5:00pm

593 m² Land available in Observatory

R 4 600 000

Can I afford this?
Floor Area 89 m²
Land Area 593 m²
Rates R 852

Vacant plot with GR2 zoning and 2 bed semi!

Calling all Developers, this is an opportunity not to be missed! This unique property provides one of the last vacant plots in Observatory with spectacular views of Devils Peak and has a rentable or saleable 2 bedroom semi-detached cottage. The entire ERF is 593 m2 and is zoned GR2 General Residential, building allowed up to 15 meters (subject to the usual planning permissions)

The cottage boasts high ceilings throughout, 2 double bedrooms, 1 generous bathroom and a large open plan lounge, kitchen and dining area, perfect for entertaining friends and family!

The dining area has the original fireplace, the kitchen is spacious with a tile floor, beautiful, stone countertops and plenty of cupboards ensuring it is a breeze when you create culinary delights. The property was thoughtfully renovated last year. The master bedroom and second bedroom both have built-in cupboards.

The property also boasts a sunny, private courtyard to the back perfect for braaiing and a front courtyard. There is a shared servitude at the side of the property to allow access to the vacant plot. The property is very secure with an alarm system and electric fencing.

The property benefits from being close to transport routes for city professionals or commuters and is ideally located for local students attending UCT (Jammy Shuttle), Cape Peninsula University of Technology and Commercial Business College.

Rates (approx): R852/m

ERF: 593 m2

Cottage ERF Approx: 166 m2 (Green)

Vacant ERF Approx: 427m2 (Red)

Building Extent: 89 m2

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Victoria Silberbauer

Victoria

Silberbauer

Kevin Abbott

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Experience Cape Town City Bowl

Living in the CBD of Cape Town is unlike any other city centre. Table Mountain, Lions Head and Signal Hill cradle the City Centre, with mountain hikes and forests in easy access and it is within minutes’ drive to some of the world’s best beaches. Depending on which area in the city you live, the housing arrangements can vary from large leafy houses in Oranjezicht, to small studio apartments in the City Centre. Living in the CBD of Cape Town gives the best of both worlds as you're in close proximity to all amenities, as well as have nature on your doorstep.

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593 m² Land available in Observatory

R 4 600 000

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