R18,000,000 | 12 Bedroom Apartment For Sale in Vredehoek

Development Opportunity

An exciting development opportunity awaits! This property offers the potential to purchase adjacent houses and create a block of flats. The approved plans are already in place, with zoning finalized and all objections resolved, making this a turn-key project for the right developer.

Key Features:

Spectacular Views: Enjoy breathtaking views of the city, offering future residents unparalleled vistas of the surrounding area. This prime location is perfect for a residential development that takes full advantage of these stunning views.

Prime Location: Situated with easy access to the MyCiti bus, commuting is a breeze, ensuring future residents can enjoy seamless connectivity to key areas in Cape Town. The property is also just a short walk from Deer Park, popular Woodlands Eatery, The Sidewalk Café, and KWIKSPAR, providing all the convenience of vibrant city living with plenty of amenities within walking distance.

Strong Rental Income: Currently, the property generates an impressive rental income of approximately R130,000 per month, providing a steady cash flow while you plan the next steps of the development project.

Joint Venture Consideration: The developer is open to considering a joint venture, offering a unique opportunity for collaboration on this exciting project. Whether you’re an investor, property developer, or looking to partner on a larger scale, this is an opportunity not to be missed.

For More Information:
If you're interested in learning more about the property, development plans, or would like further details on this exceptional investment opportunity, call today.
This is a fantastic chance to secure a high-potential property in one of Cape Town's most desirable locations.