$1,521,113

Unimproved Land Somerset West

  • 1.46 Ac lot
  • Updated: August 31

About the Property

An exceptional residential development opportunity offering 20 sectional title units in a strategically positioned location with strong accessibility and key infrastructure already in place. An additional 66 units could potentially be added to this development over time. Key Development Highlights • 20 Sectional Title Units • Centrally located with excellent connectivity • Easy access to public tr
An exceptional residential development opportunity offering 20 sectional title units in a strategically positioned location with strong accessibility and key infrastructure already in place. An additional 66 units could potentially be added to this development over time. Key Development Highlights • 20 Sectional Title Units • Centrally located with excellent connectivity • Easy access to public transport routes • River frontage offering attractive lifestyle appeal • Flood-water mitigation measures already implemented • Access via a quiet side street, enhancing privacy and traffic flow • Development plans currently submitted to Council for approval • Erven successfully consolidated • Property secured with palisade fencing • VAT applicable – No Transfer Duty payable Investment Advantages • Advanced planning stage reduces development lead time • Consolidated landholding simplifies implementation • Established flood mitigation reduces environmental risk • Strong potential for residential sales and investment demand • Attractive positioning for commuters and public transport users • Riverfront setting provides a unique market differentiator Ideal For • Residential developers • Property investment funds • Affordable, mixed-use, or middle-income housing projects • Build-to-sell or build-to-rent strategies For further information, development pack, approved plans, feasibility studies, and a confidential discussion regarding this opportunity, please contact us.
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  • Property type

    Land

Explore the Area

6-8 Bellona street, Somerset West, Western Cape 7130, Longdown Estate, Helderberg, Cape Town View on Google Maps
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Thabani Shabangu

Joined 7 months ago
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Thabani Shabangu
South Africa
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2
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2026
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Reitz Street, Audas Estate, Cape Town, South Africa
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Last updated
August 31
First listed
June 10
Listing reference
2124676126263868
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