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Captivating Vacant Land Opportunity in Loevenstein: Endless Possibilities Await
R 6,500,000
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General Details
Location:
For Sale By:Agency
Description
Sole Mandate | Asking R6,500,000
Nestled in the prestigious neighbourhood of Loevenstein, this vacant land listing presents a rare and exciting opportunity for those with a vision for luxury living or a keen interest in property development. Boasting expansive and uninterrupted views, this parcel of land offers a blank canvas for your dream residential project.
If you're a developer/investor interested in collaborating for a joint venture aimed at crafting an exclusive development, please reach out to explore potential options for consideration.
Key Uses:
Breathtaking Views:The vacant land showcases breathtaking, uninterrupted views that stretch as far as the eye can see. Whether you envision a home with panoramic windows or multiple dwellings taking advantage of these vistas, the potential for a stunning living experience is unparalleled.
Approved Plans for a Grand Residential Home:For those looking to create their dream residence, the property comes with approved plans for a grand residential home. This turnkey option allows you to bring your vision to life with ease, taking advantage of the existing plans to expedite the construction process.
Build Multiple Dwellings:Alternatively, seize the opportunity to maximize the land by constructing three dwellings. This option allows for personal use or the potential to sell each dwelling separately through the Sectional Title process, providing a lucrative investment opportunity in the sought-after Loevenstein area.
Subdivide and Develop:The most strategic use of this land involves taking advantage of City of Cape Town bylaws. By subdividing the property into two or three erven, you can tap into the potential of developing three units per erf. This opens the door to a profitable venture where you can sell off each unit individually via the Sectional Title process.
Highlights:
Prime Location:Loevenstein is known for its upscale living and desirable location.Flexible Options:Whether you seek a private residence or a lucrative development project, the land caters to various aspirations.Compliance with Bylaws:The property aligns with City of Cape Town bylaws, ensuring a smooth development process.A borehole has been installed.Municipal services have been connected.Earthworks have been successfully finished.
This vacant land in Loevenstein stands as a testament to opportunity and potential. Don't miss the chance to turn dreams into reality – be it a luxurious home, a trio of exclusive dwellings, or a strategic development venture. Contact us today to explore the possibilities and secure your stake in this exceptional property.
Property Reference #: 7002001-48401
Agent Details:
Daniel Atkins
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Nestled in the prestigious neighbourhood of Loevenstein, this vacant land listing presents a rare and exciting opportunity for those with a vision for luxury living or a keen interest in property development. Boasting expansive and uninterrupted views, this parcel of land offers a blank canvas for your dream residential project.
If you're a developer/investor interested in collaborating for a joint venture aimed at crafting an exclusive development, please reach out to explore potential options for consideration.
Key Uses:
Breathtaking Views:The vacant land showcases breathtaking, uninterrupted views that stretch as far as the eye can see. Whether you envision a home with panoramic windows or multiple dwellings taking advantage of these vistas, the potential for a stunning living experience is unparalleled.
Approved Plans for a Grand Residential Home:For those looking to create their dream residence, the property comes with approved plans for a grand residential home. This turnkey option allows you to bring your vision to life with ease, taking advantage of the existing plans to expedite the construction process.
Build Multiple Dwellings:Alternatively, seize the opportunity to maximize the land by constructing three dwellings. This option allows for personal use or the potential to sell each dwelling separately through the Sectional Title process, providing a lucrative investment opportunity in the sought-after Loevenstein area.
Subdivide and Develop:The most strategic use of this land involves taking advantage of City of Cape Town bylaws. By subdividing the property into two or three erven, you can tap into the potential of developing three units per erf. This opens the door to a profitable venture where you can sell off each unit individually via the Sectional Title process.
Highlights:
Prime Location:Loevenstein is known for its upscale living and desirable location.Flexible Options:Whether you seek a private residence or a lucrative development project, the land caters to various aspirations.Compliance with Bylaws:The property aligns with City of Cape Town bylaws, ensuring a smooth development process.A borehole has been installed.Municipal services have been connected.Earthworks have been successfully finished.
This vacant land in Loevenstein stands as a testament to opportunity and potential. Don't miss the chance to turn dreams into reality – be it a luxurious home, a trio of exclusive dwellings, or a strategic development venture. Contact us today to explore the possibilities and secure your stake in this exceptional property.
Property Reference #: 7002001-48401
Agent Details:
Daniel Atkins
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274194706
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Estimated monthly repaymentR 70,441
Total property loan amountR 6,500,000
Total interestR 10,405,831
Total repaymentR 16,905,831
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EXP Realty
Selling for 2+ years
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