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Re-development proposal in the heart of Oranjezicht

House, Buy | South Africa, Western Cape, Cape Town, Oranjezicht
Price-Icon
10.350.000 ZAR
Approx. 516.231 EUR
Price
Bedrooms-Icon
7
Bedrooms
Bathrooms-Icon
7
Bathrooms
Living area approx.-Icon
280 m²
Living area approx.
Plot surface approx.-Icon
404 m²
Plot surface approx.
Price-Icon
10.350.000 ZAR
Approx. 516.231 EUR
Price

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What you should know about this house


Amenities and special features of this house

SALE PRICE - Inclusive of VAT
EXCLUSIVE MANDATE!

Situated in the heart of Oranjezicht, one of Cape Town’s most prominent and sought-after suburbs, this property represents a genuinely exceptional investment opportunity. The location is one of a kind, a sizeable corner plot on one of the area’s most desirable roads, with glorious views of Table Mountain. Currently on offer are seven en-suite bedrooms, and an enormous top-floor.
There is an abundance of exterior space, including decking and wide, covered balconies, and a basement level as well which could be utilized in multiple ways.
The property has heritage status, with solid wooden floors, sash windows with louvred shutters and fireplaces remain in situ, but what makes this a really unique opportunity is that development plans have already been provisionally approved, which include remodeling the upper floors and repurposing the exterior.
The plans factor in the addition of a pool deck and terraces, the opening up of certain walls and complete reconfiguration of the top floor. It is hard to overstate the cachet of having plans already this far in the approval process, avoiding delays which can sometimes be lengthy and rendering this a ready-to-go project.
Whether it is developed as a spectacular family home, a guest house, a boutique hotel, it can only add value and exclusivity to what is already a very special property in a prime spot.

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Contact your personal advisor
Engel & Völkers Cape Town City Bowl
  • Cape Town City Bowl
  • Licence partner of Engel & Völkers Southern Africa (Pty) Ltd
  • Charlie Turner
  • 14A 1st Floor, Gardens Shopping Mall, PO BOX 859, Sea Point, 8060
  • 8001 Cape Town · South Africa
  • Phone: 0214625226
  • Cell: 0729657487
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Commission Details

Agent's Professional Fee is included in the price advertised.


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