Exclusive Mandate - Rare Boutique Development Site â?? R3 MillionLocationAn exceptional erf of ±925 m² situated alongside the historic railway station precinct. The existing heritage station building ensures timeless character and foot traffic appeal, while the available development area offers a prime 25 m Ã? 20 m footprint with unique views of the island and the ocean [hidden] PotentialGross buildable area: ±1000 m² (UP to 3 levels must allow 30% of gross lettable area for parking space)Suggested configuration:Ground floor (±500 m² building): boutique retail, gallery, café, or destination restaurant space, 4m height, parking space for 20+ vehicles and on-ramp(400m² parking area)First floor (±300 m²): Offices/luxury apartments 3m height with balconies and panoramic views and parking for around +/- 10 vehicles (200m²) Rooftop terrace: entertainment or shared leisure area, under verandah, building has a total height restriction of [hidden] This SiteUnmatched setting: historical backdrop + island views, ease of access to major motorwaysHigh yield potential: residential sales or holiday rentalsScarcity factor: one of very few sites combining historic character with modern development flexibilityScale: boutique-sized project ideal for niche developersFinancial Snapshot (illustrative)Build cost: ±R15,000/m² â?? ±R12mSale value: ±R30,000/m² â?? ±R24mMargin potential: [hidden] Features25 Ã? 20 m footprint (±300 m² per upper level)Up to 3 buildable levels + rooftopLuxury apartments overlooking the islandHeritage character ensures long-term value, sought after locationCall to arrange for an opportunity to view
Glentana , Greenhaven , Groot Brakrivier , Klein-Brakrivier , Outeniqua Strand , Reebok , Tergniet
