RESIDENTIAL AND COMMERCIAL PROPERTY FOR SALE OF 9.1 HECTARES Potential Development type: Residential / Free Standing Full Title/ Affordable Housing. Project status: Rezoning and subdivision Potential Number of houses/properties that could be built on the property: 235 (densification possible) This is a great opportunity for a serious investor to capitalise on a property with developmental zoning. The vacant and undeveloped Property is situated in the Swartland district close to Malmesbury and Atlantis, in the Western Cape. The greater Cape Town area is expanding rapidly especially to the north of the city along the N7 national highway that leads to Namibia. The N7 has recently become a dual carriageway which makes travel to the area much easier & safer. The N7 corridor forms part of the Swartland special development plan and is focussed on stimulation industrial and agricultural growth in the area. After careful research with estate agents, council and local companies the need for affordable housing for sale and rent in this area is clear. The site is situated 20km from Malmesbury, 20 km from Atlantis and 50km from Cape Town. The land use zone proposals are : Low Density Residential uses, Medium density residential uses, high density residential uses, secondary education uses (i.e. Crèches/ day care), in situational uses (i.e. Schools, places of instruction), professional services (i.e. office blocks), Business uses ( i.e. shop, supermarket and service station), Secondary Business uses (I.E. Café, house shops, small offices and home occupation. House taverns only to be allowed along activity streets in residential areas), Churches, Guest houses, Sport and recreation facilities The land is in process of being further subdivided and rezoned, a further densification of the current SDP will be done to increase the number of homes/properties that can be built on the property. If buyer had to develop, the target market of the residential and commercial development are: Investor buyers who will rent out the residential properties Couples and small families looking for start-up homes Young families and professionals Buyers looking to live in a more tranquil environment Contact Karen @ 079 053 4513
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