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Vacant Land for sale in Welgemoed, Bellville
R 22,300,000
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General Details
Location:
For Sale By:Agency
Description
Vergezicht is a rare opportunity to invest in a prime location with stunning views and exclusive access to the Welgemoed golf course. This site offers the possibility of developing either a luxury apartment complex or a boutique hotel that caters to the high-end market. Vergezicht is situated in the prestigious Welgemoed area, close to the Tyger Waterfront Lake and the Tygervalley Shopping Center, where you can enjoy a variety of shopping, dining, and entertainment options. The site is also within easy reach of the Cape Town International Airport, the Cape Town Waterfront, and some of the best beaches and wine farms in the region. Vergezicht is surrounded by nature, with a small river, a waterfall, and a private forest bordering the property. The seller has conducted a bulking exercise that shows the potential of developing 48 spacious and comfortable apartments with ample parking and special features such as direct golf cart access, concierge facilities, a communal pool and gym, laundry, and rooftop gardens. The number of units can be adjusted according to the market demand. Vergezicht is a unique site that offers a rare combination of luxury, convenience, and natural beauty.
Property Reference #: T4360379
Agent Details:
Graham Geddie
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Id Subtitle 1261953589
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Estimated monthly repaymentR 241,667
Total property loan amountR 22,300,000
Total interestR 35,700,002
Total repaymentR 58,000,002
Interest rate at 11.75% for 20 years *
* 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.
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eXp Realty - Steven Johnstone Group
Selling for 2+ years
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