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

Description

Property type: development property

Location: southern suburbs, Cape Town

Current use: residential property

Existing improvements

Semi-detached dwellings: 2

Bedrooms per semi-detached dwelling: 3

Double-storey residence: 1

Bedrooms in main residence: 4

Separate flatlet: included

Zoning

General Business 1 zoning: in place

Business use: permitted subject to applicable requirements

Mixed-use development: supported by zoning

General Residential 4 zoning: in place

Higher-density residential development: supported by zoning

Development options

• Student accommodation
• Mixed-use development
• Residential income generation
• Higher-density residential development
• Future redevelopment

Location factors

Development activity in the area: ongoing

Universities and colleges: nearby market drivers

Student housing demand: reported as high

Property exposure: strong

Heritage

Historic framework area: applicable

Heritage character: existing

Further information

Full property details: available to interested purchasers