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R 8 500 000

Vacant Land / Plot for Sale in Belhar

Belhar, Cape Town
  • Erf Size 4 200 m²
    • m²: 4 200 m²
    • Hectares: 0.42 ha
    • Acres: 1.038 acres
Vacant Land For Sale in Belhar - Sectional Title Development

Take note that our client has instructed Icon Property Group to start negotiations from no less than R8500 000. Take note that this price should in no way be interpreted as a selling price, or the final selling price which our client may or may not accept. All Prospective buyers must expect a counter offer. All rejected offers shall be listed as the process progresses.

Icon Property Group is pleased to present a prime investment opportunity in the vibrant area of Belhar, Cape Town. This ready-to-develop residential site is ideally situated near Cape Town International Airport and within proximity to renowned educational institutions such as CPUT and UWC, making it a strategic choice for investment in student accommodation.

The demand for student housing in the area is on the rise, with students willing to pay up to R10,000 per apartment, positioning this...

Take note that our client has instructed Icon Property Group to start negotiations from no less than R8500 000. Take note that this price should in no way be interpreted as a selling price, or the final selling price which our client may or may not accept. All Prospective buyers must expect a counter offer. All rejected offers shall be listed as the process progresses.

Icon Property Group is pleased to present a prime investment opportunity in the vibrant area of Belhar, Cape Town. This ready-to-develop residential site is ideally situated near Cape Town International Airport and within proximity to renowned educational institutions such as CPUT and UWC, making it a strategic choice for investment in student accommodation.

The demand for student housing in the area is on the rise, with students willing to pay up to R10,000 per apartment, positioning this property as an attractive option for seasoned investors. All necessary approvals are in place, allowing you to start development promptly. However, please note that electricity, water, and civil infrastructure are not yet included.

This property is particularly suited for experienced property investors with a deep understanding of the building industry and a passion for property management. It offers a compelling opportunity to develop high-demand rental units that align with current market trends and cater to a reliable tenant base.

Don't miss this chance to capitalize on Belhar’s growing rental market. Contact Icon Property Group to explore the potential this site holds for your investment portfolio.

Property Overview
Listing Number
115191118
Type of Property
Vacant Land / Plot
Listing Date
08 November 2024
Erf Size
4 200 m²
Zoning
Single Residential
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