2.4 ha Land available in Stratford Green

Residential Development Opportunity in Stratford Green, Eersterivier.

An exceptional investment opportunity offering zoned land for the development of a residential complex in Stratford Green, Eerste River. The consolidated land was subdivided into a primary portion Portion 1 for residential development, leaving a remaining extent as open land that can serve as a green space for the developed estate.

With the Site Development Plan SDP approval granted by City of Cape Town in December 2024 and primary land-use rights secured, the project has already progressed to eliminate a lengthy re-zoning delay for immediate market entry.

Key Features:

Consolidated Site

Total site area: 23,683m2

Development Footprint

Portion 1: 8,124m2

Zoned: General Residential Subzone 2 GR2.

Open Space

Remaining Portion: 15,559 m2

Zoned: Open Space 3 OS3 private green space.

Coverage

Actual proposed coverage is 27.25 2,214.60m2, against a 60 coverage limit

Floor Factor: 1.0.

Development Profile:

Residential Units

Two-storey duplexes: 58 units

Unit Size: 62.26m2

Unit Architecture

Each of the 58 opportunities consists of a modern, two-storey duplex with a total floor area of 62.26m2 31.13m2 ground floor 31.13m2 first floor. Optimised Land Use & Technical Specs

Target market

First time buyers and young families in the middle income sector.

Amenities

Dedicated rooms for refuse, laundry yards and palisade fencing are part of the approved layout.

Parking

Vehicle bays: 73 13 visitor, 2 disabled

Bicycle Bays: 20

Estate Features:

Eco Features

The estate features a landscaped bio-detention pond and a 15m buffer zone to protect local freshwater features.

Security

Approved for high-quality concrete palisade fencing 90 permeable to ensure a secure residential environment.

Infrastructure

Bulk engineering services capacity is confirmed by the City Council.

Development Charges DC are calculated at R2 232 120 subject to annual escalation from date of approval.

Investment Value

The proposed project is fully aligned with the Municipal Spatial Development Framework. This opportunity further eliminates the cost incurred with zoning application and council approval delays and is an immediate path to breaking ground and realizing the project plan.