Apartment Block For Sale in Protea Heights
R22,999,000
Monthly Bond Repayment R249,241.78
Calculated over 20 years at 11.75% with no deposit.
Web Ref
CCH648
Monthly Rates
R14,000
APPROVED Development opportunity!
ALL approvals & SDP are in place!
Well-positioned 8617m² development land in an exploding residential area!
Option One -
Break ground and start the process.
Critical time-delays cut short - the SDP is in place for 78 Apartments.
Traffic, Storm water, Landscaping, 3 phase electricity supply with supply
unit, Engineer's reports, City Planner, Architect - paid for and approved.
Provision for 124 parking bays in place.
Provision for 73 x 55m² two bedroom Apartments are place at a selling
price of ±R1 300 000 per unit.
Provision for 5 x 100m² three bedroom Apartments are place at a selling
price of ±R2 000 000 per unit.
Approved Development land is here today - gone tomorrow!
OPTION Two -
Investigate other unique opportunities such as:
A school or pre-school - the demand for more schools are huge with the
influx into the Western Cape!
DEMENTIA Center - demand since the pandemic increased. Patients pay
R18 000 p.m. for a 15m² monitored bed- & bathroom.
Small Mall
Business Park
Spar or Checkers
Daycare center
Health Spa
Wellness Center and Gym
Medical Center
A Day Hospital
A Retirement Village
Investigations were done for a borehole and new owners can pursue this.
The sought after property is next to a modern, upmarket Development,
in walking distance to a 5-star Hotel, Wine Farm, Restaurant's, Venues
and a Golf Course.
The options are endless - the time is now!
Let's get the ball rolling!
Well-positioned 8617m² development land in an exploding residential area!
Option One -
Break ground and start the process.
Critical time-delays cut short - the SDP is in place for 78 Apartments.
Traffic, Storm water, Landscaping, 3 phase electricity supply with supply
unit, Engineer's reports, City Planner, Architect - paid for and approved.
Provision for 124 parking bays in place.
Provision for 73 x 55m² two bedroom Apartments are place at a selling
price of ±R1 300 000 per unit.
Provision for 5 x 100m² three bedroom Apartments are place at a selling
price of ±R2 000 000 per unit.
Approved Development land is here today - gone tomorrow!
OPTION Two -
Investigate other unique opportunities such as:
A school or pre-school - the demand for more schools are huge with the
influx into the Western Cape!
DEMENTIA Center - demand since the pandemic increased. Patients pay
R18 000 p.m. for a 15m² monitored bed- & bathroom.
Small Mall
Business Park
Spar or Checkers
Daycare center
Health Spa
Wellness Center and Gym
Medical Center
A Day Hospital
A Retirement Village
Investigations were done for a borehole and new owners can pursue this.
The sought after property is next to a modern, upmarket Development,
in walking distance to a 5-star Hotel, Wine Farm, Restaurant's, Venues
and a Golf Course.
The options are endless - the time is now!
Let's get the ball rolling!
Floorplans
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Features
Pets Allowed
No
Interior
Furnished
No
Exterior
Security
Yes
Parkings
124
Pool
No
Sea Views
True
Sizes
Floor Size
1,000m²
Land Size
8,617m²
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