Under Offer
R 1 959 999
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4 Bedroom House in Salt River

4 1 119 m² 113 m²

Calling All Investors, Developers [removed] Visionaries

Exclusive Sole Mandate Prime GB5 Zoned Double-Storey in Salt River

Incredible Views | Fixer-Upper | Development Potential

This rare find in the heart of Salt River offers not only a spacious double-storey residence but also comes with the highly sought-after GB5 zoning allowing for mixed-use development, including residential, commercial, retail, or student accommodation.

With panoramic views of Table Mountain and Lions Head from the upstairs balcony, this property is ideal for those looking to unlock maximum value in one of Cape Towns most exciting and evolving neighbourhoods.

Zoning: General Business 5 (GB5)

Suitable for student housing, apartments, offices, or retail development

High development flexibility

Strong rental demand in the area

Property Features:

4 Spacious Bedrooms Ideal for communal living or student accommodation

1 Large Family Bathroom

Generous Lounge Area

Functional Kitchen Ready for renovation

Private Courtyard Create a serene outdoor space or additional utility area

Upstairs Balcony Uninterrupted views of Table Mountain and Lions Head

Fixer-Upper with Massive Upside

The property needs refurbishment, presenting an excellent opportunity to redesign and repurpose it into a high-yield asset. The double-storey structure offers a solid base for expansion or complete redevelopment.

Unbeatable Location:

Easy access to public transport, including MyCiTi and Salt River Station

510 minutes to Cape Town CBD

Close to UCT, CPUT, and other tertiary institutions

Walking distance to trendy cafes, retail spaces, and creative hubs

High rental demand area with consistent growth potential

Opportunities like this dont come around often. Whether you''re looking to develop, invest, or renovate, this property offers unmatched flexibility and location value in one of Cape Towns fastest-growing nodes.

Contact Gafsa today to arrange a private viewing and explore the potential that this unique property holds.

Property details

  • Listing number T5263321
  • Property type House
  • Listing date 13 Oct 2025
  • Land size 119 m²
  • Floor size 113 m²
  • Rates and taxes R 697

Property features

  • Bedrooms 4
  • Bathrooms 1
  • Lounges 1
  • Pet friendly
  • Balcony
  • Security post
  • Garden

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