Protea Heights · Apartment Block For Sale
1000 m² Apartment Block For Sale in Protea Heights
- R 22,895,000
- 1000 m²
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 & new owners can pursue it.
The sought after property is next to a modern, upmarket Estate
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!
Property Information & Features
- Property Type
- Apartment Block
- Listing Type
- For Sale
- Location
- Protea Heights, Northern Suburbs
- Price
- R 22,895,000 · Get Pre-Qualified
- Price per m²
- R 22,895
- Floor Size
- 1000 m²
- Erf Size
- 8617 m²
- Residential Zoning
- Yes
- Security
- Yes