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R10,500,000

Vacant Land Residential for sale in Newlands

985m²
Your Opportunity To Build The Home You Have Always Dreamt Of!

THREE FIG VILLAS

The owner wishes to create a secure gated complex of 3 high end townhouse Villas of unique designs as per each individual purchaser, while she retains Portion 3 of the sub-divided erf to build her own home, and offers for sale the remaining land comprising of 985sqm already with sub-division approval in place into 2 erven of 535sqm (Portion 1) and 450sqm (Portion 2) - see subdivision diagram illustrated in the photos.

Your options are:

-Purchase both portions of land totalling 985sqm to build one single residential home

-Purchase both portions of land and build two single residential homes on 535sqm and 450sqm (income generator opportunity/ opportunity to have family members live next door to one another)

OR

-Purchase one portion of land either the 535sqm or the 450sqm, and build one single residential home

Plot 1 of 535sqm Asking Price R5 700 000

Plot 2 of 450sqm Asking Price R4 800 000

Whichever path suits you, the facts remain:

-This is prime position in Fernwood in a highly sought after, quiet street address

- A safe and leafy green neighbourhood with walking/ jogging paths and picnic areas on the banks of the historic Liesbeeck River

-Guaranteed mountain views from both plots

-A lovely neighbour to build alongside with (Portion 3)

-You fit and furnish your home in your own style

-Situated in one of the South Easter wind-fee pockets in Cape Town

-No noise pollution from the M3

-Only 20 min from City centre.

- Vacant plots in Fernwood are rare and seldom come on the property mareket

Few and far between opportunities like this exist!

Please view the sub-division diagram illustrated in the photographs and contact Lindsay to discuss in detail.

Property Type
Vacant Land Residential
Stand Size
985m²
Reference
2229819
Property history
Listed for sale at R10,500,000
03 Apr 2024
Get to know Newlands
It is known for its beautiful residential areas, tree-lined streets, and proximity to various amenities. The suburb is characterized by a mix of historic homes, modern developments, and lush greenery.
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