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Western Cape, Cape Town, Plumstead, South Africa

£599,091
John D Wood International, RoW
PROPERTY TYPE

Block of Apartments

BEDROOMS

11

BATHROOMS

8

SIZE

Ask agent

Description

GR4 Zoned.

An opportunity like this presents itself very rarely and we are proud to introduce our exclusive sole mandate, inviting developers/investors to create something magical on this property.

Owned by a family for many years, this historic two storey building which is able to go up to five storeys, includes seven flats, an established garden, swimming pool, and private parking behind the block.

All the flats are owned by the current owner, under a Sectional Title Scheme. The opportunity to incorporate the existing building and create many more units with an additional three floors would be highly suited to the area, which includes many apartment buildings. It is on the main Road with great access to shops, schools, hospitals and other city amenities.

The option to buy it as a going concern also exists. The current mix of flats are:
45 sm units x 2
71 sm units x 2
116 sm units x 2
22 sm unit x 1

Established garden with well point water.
Fully walled with Auto gate.

Contact us to discuss further and to view this exciting opportunity.

Western Cape, Cape Town, Plumstead, South Africa

NEAREST AIRPORTS

Distances are straight line measurements
  • Cape Town(International)
    8.7 miles

About John D Wood International, RoW

Established in Mayfair in 1872, John D Wood & Co. has 150 years experience specialising in selling and letting properties in London, the South of England, country and internationally, as well as staff relocation services and interior consultancy, and are committed to offering a bespoke service, a strategic approach to marketing, and local expertise that has been trusted for generations.

When we promise the world, we mean it.

We cover 30+ countries through a network of strategically handpicked international partner agents who are leading agents in their markets.

Together we offer an international reach, with local expertise, and a commitment to excellence. Whether you're seeking a rural holiday home, a beachfront villa, or a city centre apartment, we can help make your dream a reality.

Notes

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This is a property advertisement provided and maintained by John D Wood International, RoW (reference 21219089_14972302) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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