Apartment Block For Sale in Protea Heights

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!