Developers' Dream: Transformative Land in Cape Town's Heart
Prime Development Land with Panoramic Mountain Views - A Canvas for Architectural Innovation
Address: on the cusp of Tamboerskloof and Gardens, Cape Town Size: Total of 940 sqm across two adjacent plots Zoning: GR2, suitable for an apartment building
Opportunity Highlights: - Unparalleled Potential: A blank slate for a high-density, trendy, upmarket residential development. - Strategic Location: High-demand area offering lucrative short-term rental prospects with convenient access. - Exceptional Views: Maximize the extraordinary vistas of Table Mountain in your design. - Design Guidelines: Align with local heritage - maintain a two-storey street facade, pitched roofs, and respect the historical streetscape. - Green Integration: Preserve the mature Cypress tree and street boundary hedge to blend natural elements with modern architecture.
Vision: This is where legacy meets modernity - your chance to craft a development that honours the past yet captivates the future. Interested in shaping the theme around town?
This can be an alternative to full scale development or be the first phase of a future development. It is possible to turn the existing structures into 7 lettable units of varying size.
Developed as apartments or as a guest house, work live in eg, Neigbourgood or even a boutique hotel, it can be an exciting and feasible project in itself.
The existing structure are structurally sound enough with a variation of spaces flowing between them. An architect working with a landscape architect could turn it into something quite unique. Call me for more information or a viewing.
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.