Area specialist
Andre Theron
Director
Investment Specialist · Property Practitioner
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Dart Motors
130 Sir Lowry Road, Woodstock, Cape Town, South Africa
vacant land investment opportunity
Listing ID: S-11078
| Size | 5 849 m² | |
| price per sqm | R17 097 m² | |
| Sale Price | R100 000 000 | |
| Levies |
R0 |
|
This is a perfect redevelopment opportunity on a prominent site measuring 5 849m² with circa 41 000m² of bulk available to develop at least 7 stories of offices/residential/student accommodation/hospitality, with convenience retail on the ground floor.
Proposal would allow for 2 basement parking levels. Big box retailers have already expressed strong interest to take up space in the centre.
The property is conveniently situated on the fringe of the Cape Town CBD in close proximity to the City Centre and V&A Waterfront. Proximity to the N1 and N2 Freeways in and out of the City are easily accessible. It is located on Sir Lowry Road, which connects the CBD to the Southern Suburbs. It is on the MyCiti/Golden Arrow bus and Jamie Shuttle bus route for students needing access to UCT, and it is also close to CPUT campuses.
The site is opposite The District, which is a modern, A-grade office building with retail on the ground floor comprising a restaurant, deli/coffee shop and more. It is also next to the popular Buchanan Square/Hills Building. Clicks Head Office and The Boulevard Office Park are also in close proximity.
The property also has great views from this position.
For more information, please contact Andre Theron.
Director
Investment Specialist · Property Practitioner
| Size | 303 m² | |
| price per sqm | R12 000 /m² | |
| Sale Price | R3 636 000 | |
|
Fibre Infrastructure |
Security |
|
Controlled Access |
Wheelchair Access |
| Size | 1 408 m² | |
| price per sqm | R37 934 /m² | |
| Sale Price | R53 411 000 | |
|
Generator |
Fibre Infrastructure |
|
Security |
Controlled Access |
| Size | 214 m² | |
| price per sqm | R24 766 /m² | |
| Sale Price | R5 300 000 | |
|
Fibre Infrastructure |
Elevator/Lift |
|
Reception |
Boardroom |
| Size | 51 525 m² | |
| price per sqm | R1 300 /m² | |
| Sale Price | R66 982 500 | |
|
Fibre Infrastructure |
Nearby Bus Service |
|
Nearby Taxi Service |
On Grade Access |
| Size | 86 m² | |
| price per sqm | R21 744 /m² | |
| Sale Price | R1 870 000 | |