Re-development proposal in the heart of Oranjezicht

SALE PRICE - Inclusive of VAT EXCLUSIVE MANDATE! Situated in the heart of Oranjezicht, one of Cape Town’s most prominent and sought-after suburbs, this property represents a genuinely exceptional investment opportunity. The location is one of a kind, a sizeable corner plot on one of the area’s most desirable roads, with glorious views of Table Mountain. Currently on offer are seven en-suite bedrooms, and an enormous top-floor. There is an abundance of exterior space, including decking and wide, covered balconies, and a basement level as well which could be utilized in multiple ways. The property has heritage status, with solid wooden floors, sash windows with louvred shutters and fireplaces remain in situ, but what makes this a really unique opportunity is that development plans have already been provisionally approved, which include remodeling the upper floors and repurposing the exterior. The plans factor in the addition of a pool deck and terraces, the opening up of certain walls and complete reconfiguration of the top floor. It is hard to overstate the cachet of having plans already this far in the approval process, avoiding delays which can sometimes be lengthy and rendering this a ready-to-go project. Whether it is developed as a spectacular family home, a guest house, a boutique hotel, it can only add value and exclusivity to what is already a very special property in a prime spot. Call now to schedule an appointment to view!