Development Land for Sale in Bo Kaap

R 5,000,000

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12 days ago24 views
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For Sale By:Agency
Description
Discover an exceptional opportunity to own a prime parcel of land in the vibrant Bo-Kaap district, celebrated for its rich history, cultural heritage, and awe-inspiring vistas of Table Mountain and the City Bowl. Perfectly positioned.
The Bo Kaap is boasting a remarkable resurgence in popularity, this area is drawing the attention of astute investors, making it an enticing prospect for development. This generously sized plot spans 365m2 and carries a General Residential zoning.
One standout feature is the inclusion of architect-designed plans that have already secured Land Use Management (LUM) approval. This invaluable asset saves substantial time and effort for serious developers, eliminating the need to embark on the planning process from square one.
There is a real demand for real estate in this wonderful Bo Kaap area right in the enclave of the city. Notably, this represents one of the last available parcels in the iconic Bo-Kaap area, which makes this an unparalleled opportunity.

Call to arrange an appointment to view.

Property Reference #: 7002001-38800

Agent Details:
Mary Bailey
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274216026
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Estimated monthly repaymentR 54,186
Total property loan amountR 5,000,000
Total interestR 8,004,485
Total repaymentR 13,004,485
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
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
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