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Approved Student Accommodation Development
updated on Jun 10, 2026
POA

WEB REF: 766007

Property Summary
  • Selling Price POA
  • Property Type Commercial - Land
  • Erf Size 1058 m2


Description

LIVE & ONLINE AUCTION Auction Time & Date: Wednesday 8 July 2026 @ 12:00 Registration: Online & On-site. Venue: The DHL Stadium, Business Lounge G, Fritz Sonnenberg Road, Green Point, Cape Town For more information, please contact the listing agent. DESCRIPTION: Approved Development Opportunity in Guldenland, Strand. Positioned in the sought-after suburb of Guldenland, this shovel-ready development site presents a rare opportunity to acquire a fully approved townhouse development in an area experiencing strong residential demand. The property is offered with approved Site Development Plans (SDP) and the necessary zoning in place, allowing a purchaser to commence development without the delays and costs associated with obtaining approvals. Key Features • Approved for the development of 4 townhouses • Additional provision to construct a further dwelling in the future • Zoning: General Residential 1 (GR1) • Erf extent: 1,058 m² • Approved Site Development Plan included Investment Highlights • Ready-to-develop opportunity • Well-positioned to benefit from continued demand for quality residential accommodation • Strong potential for attractive rental returns • Opportunity to expand the development and enhance long-term capital growth • Located within an established residential area with convenient access to amenities and major transport routes DETAILS: • Erf no: 27968, Strand • Erf size: 1058m² • Zoning: General Residential 1 PAYMENT TERMS: 2.5% Deposit & 10% Auctioneers' fee (excl. VAT on fee); Payable on the fall of the hammer by means of EFT only. Balance payable on transfer. REGISTRATION REQUIREMENTS: To bid at the auction, you need to provide a copy of your identity document and current proof of residence (not older than 3 months), as well as a R25,000 refundable registration fee. Registration fee payable via EFT only, no card payments allowed. Registration will be available online as well as on site on the day of the auction. Registration at the venue will be open from 10:30. DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.

      Property Address

      Guldenland, Strand, Western Cape

      Contact Agent(s)

      eMail Agent(s)