9 Bedroom House in Southern Suburbs for Sale with GR4 and BG1 Zoning - Cape Town

Description

Development property opportunity available in Cape Town’s southern suburbs.This property is ideally positioned within a high-growth development area and presents an excellent opportunity for student accommodation, given the significant shortage of housing near universities and colleges.The property comprises two semi-detached three-bedroom dwellings, a substantial four-bedroom double-storey residence, and a separate flatlet. Located within a historic framework area, the property offers exceptional potential for mixed-use development, residential income generation, or future redevelopment.The existing zoning provides strong development flexibility, with General Business 1 allowing for business or mixed-use applications, while General Residential 4 supports higher-density residential development.With excellent exposure, strong demand for appropriately zoned properties, and unique heritage character, this opportunity presents significant potential for investors and developers seeking a strategic property asset.Full details are available to interested purchasers.