Engel & Völkers
Koelenhof 1

Koelenhof, Cnr bottelary rd & R304

ZAR 37,000,000
  • ~15,000 m² Plot surface

Description

Rare Development Opportunity in Prime Stellenbosch Location This 1.5Ha property offers a unique opportunity for property developers to create a bespoke commercial or residential development in the medium to higher-class income market. The current zoning as light industrial allows for flexibility, with the potential for commercial and residential development upon formal application. A feasibility study has already been conducted for 80 residential units, making this an ideal investment opportunity. Situated on the outskirts of Stellenbosch and adjacent to the prestigious Koelenhof estate development, this property is sure to attract interest from discerning buyers. Opportunities like this in Stellenbosch are extremely limited, so don't miss out on this diamond in the rough. For more information, please contact us via email. (Price includes commission and Excludes VAT)
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Engel & Völkers Stellenbosch

Your advisor: Niël Hamman

Property ID: ENV159279

Property details
  • Property type

    Store

  • Plot surface

    ~15,000 m²

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