Terreno Libero Hout Bay

Prime Developer Opportunity | 1.57-Hectare Residential Development Site | Hout Bay

Strategic development site spanning 15,717 m² in the high-demand Bokkemanskloof precinct of Hout Bay, positioned directly adjacent to the Constantia Nek corridor. This north-facing parcel represents one of the final remaining large-scale residential development tracts in this high-LSM micro-market.

• Total Erf Size: 15,717 m² (1.57 Hectares)
• Orientation: North-facing, optimal solar aspect and mountain views.
• Boundaries: Borders the established Bokkemanskloof Estate and a protected green belt, ensuring permanent premium value.
• Access: Direct, established road access to the site.
• Mandate Type: Sole Mandate (Strictly no direct seller approach).

Zoning & Development Potential
• Historical Approvals: Previously secured approved subdivision for 15 residential plots.
• Current Planning Status: The previous approval lapsed due to non-commencement within the statutory 5-year window. Given the precedent of prior approval, a reinstatement or fresh application carries a heavily reduced planning risk.

• Exit Strategy Options:
1. Accelerated Capital Return: Re-subdivide, service the 15 upmarket stands, and execute a rapid plot-only exit strategy.
2. Yield Maximisation: Develop a high-density, secure gated precinct featuring 15 to 30 turnkey homes to capture premium end-user margins.

This is a bulk land acquisition targeted strictly at developers. The site is sold as a single, unified parcel—not as individual residential stands. Demand for secure estate living in the Constantia Nek/Hout Bay feeder zone remains exceptionally strong, driven by semigration and scarcity of developable land.

Contact the sole appointed agent to view the site and review the historical planning files and layout frameworks.