1685 m² Land available in Hout Bay and surrounds

R 17 000 000

Shaun Kramer

Lola Kramer Realty-Hout Bay

1685 m² Land available in Hout Bay and surrounds

R 17 000 000

Can I afford this?
Land Area 1685 m²

The largest commercially zoned site left on the Victoria Avenue Strip is ripe for residential or commercial or mixed use development. Perhaps a hotel or a hospital day centre. The zoning scheme allows for 15 Meter heights from Base Level and there is a bulk factor of 1.5.

The Site for 17 Million Comprises of 3 Erven and totals 1685sqm (See Blue Demarcation)

The two adjacent Erven are available for a JV ( See Yellow Demarcation on the Arial Photo). Their size is 1060 sqm. And in addition is a plot behind of zoning SR1 and size 496 sqm.

The Commercial Erven all together Total 2745 SQM. The Bulk would be approximately 4200 sqm.

All properties are owned by companies and the price is excluding VAT.

Existing on the blue demarcated properties is a 300 sqm tenanted building. And two building on the red, and one on the yellow.

To give some perspective of sizes note that

The Hout Bay Medical Centre is on 900sqm of land and the Pearl of Hout Bay is on 1200 sqm.

Don't miss this exciting opportunity.

Draft plans have been drawn up for a mixed-use development and there are already interested parties.

The owners are serious but please note that we are aiming to procure the fair market price of 17 Million Rands for this fantastic opportunity resting on the last commercial stands of this size.

One could easily do 3 separate developments on these properties.

The Sites are centrally located. With the Beach, Shops, Medical Centre, Optometrist, Art Galleries, Vets, Health Shops, Hardware Stores, Restaurants within a 200-metre radius. Transport is on the Main Bus Routes and 20 minutes by car into Cape Town CBD 15 Minutes to Noordhoek, 15 minutes to Constantia.

The Site would offer Great Sea Views from the top levels.

These won't hang around for long.

Call or email Shaun to make an appointment to discuss.

Read More

Email the Agent or request the agent Call You Back should you wish  to set up an appointment to view this property or ask for more details.

Contact Agent

Sending Message...
By sending, you agree to Private Property's terms and conditions

Photo Gallery

Shaun Kramer

Shaun

Kramer

Share this Property

Need a Home Loan?

R
R
*
%
 
Monthly Repayment

Loan Value (Capital) R 0
Total Interest R 0
Total Repayment R 0
Interest at 10.25% for 20 years
Apply for pre-approval
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.

Need an Attorney?

Milton Matsemela - Houtbay

Experience Hout Bay

Commonly known as the “Republic of Hout Bay”, Hout Bay has the feeling of a faraway holiday beach town. It is, however, just a quick and beautiful 25 minute drive from Cape Town's city centre. Hout Bay is a community driven hub, with everyone working together for the greater good of the area, everyone feels like family. Located at the core of the Two Oceans Marathon and the Cape Argus, it is a sporty area with many cyclists and runners.

The harbour in Hout Bay
Find out more about Hout Bay

1685 m² Land available in Hout Bay and surrounds

R 17 000 000

1685 m² Land available in Hout Bay and surrounds photo number 1
1685 m² Land available in Hout Bay and surrounds photo number 2
1685 m² Land available in Hout Bay and surrounds photo number 3
1685 m² Land available in Hout Bay and surrounds photo number 4
1685 m² Land available in Hout Bay and surrounds photo number 5
1685 m² Land available in Hout Bay and surrounds photo number 6
1685 m² Land available in Hout Bay and surrounds photo number 7
1685 m² Land available in Hout Bay and surrounds photo number 8

Contact Agent

Sending Message...
By sending, you agree to Private Property's terms and conditions

Apply for a Home Loan

Contact
Agent