R9,980,000
R9,980,000
23,683m² Vacant Land For Sale in Stratford Green
Vacant Development Land For Sale in Eersterivier.
Web Ref.
RLS1010133
Residential Development Opportunity in Stratford Green, Eersterivier.
An exceptional investment opportunity offering zoned land for the development of a residential complex in Stratford Green, Eerste River. The consolidated land was subdivided into a primary portion (Portion 1) for residential development, leaving a remaining extent as open land that can serve as a green space for the developed estate.
With the Site Development Plan (SDP) approval granted by City of Cape Town in December 2024 and primary land-use rights secured, the project has already progressed to eliminate a lengthy re-zoning delay for immediate market entry.
Key Features:
• Consolidated Site
Total site area: 23,683m²
• Development Footprint
Portion 1: 8,124m²
Zoned: General Residential Subzone 2 (GR2).
• Open Space
Remaining Portion: 15,559 m²
Zoned: Open Space 3 (OS3) private green space.
• Coverage
Actual proposed coverage is 27.25% (2,214.60m²), against a 60% coverage limit
Floor Factor: 1.0.
Development Profile:
• Residential Units
Two-storey duplexes: 58 units
• Unit Size: 62.26m²
• Unit Architecture
Each of the 58 opportunities consists of a modern, two-storey duplex with a total floor area of 62.26m² (31.13m² ground floor + 31.13m² first floor). Optimised Land Use & Technical Specs
• Target market
First time buyers and young families in the middle income sector.
• Amenities
Dedicated rooms for refuse, laundry yards and palisade fencing are part of the approved layout.
• Parking
Vehicle bays: 73 (13 visitor, 2 disabled)
Bicycle Bays: 20
Estate Features:
• Eco Features
The estate features a landscaped bio-detention pond and a 15m buffer zone to protect local freshwater features.
• Security
Approved for high-quality concrete palisade fencing (90% permeable) to ensure a secure residential environment.
• Infrastructure
Bulk engineering services capacity is confirmed by the City Council.
Development Charges (DC) are calculated at R2 232 120 subject to annual escalation from date of approval.
Investment Value
The proposed project is fully aligned with the Municipal Spatial Development Framework. This opportunity further eliminates the cost incurred with zoning application and council approval delays and is an immediate path to breaking ground and realizing the project plan.
An exceptional investment opportunity offering zoned land for the development of a residential complex in Stratford Green, Eerste River. The consolidated land was subdivided into a primary portion (Portion 1) for residential development, leaving a remaining extent as open land that can serve as a green space for the developed estate.
With the Site Development Plan (SDP) approval granted by City of Cape Town in December 2024 and primary land-use rights secured, the project has already progressed to eliminate a lengthy re-zoning delay for immediate market entry.
Key Features:
• Consolidated Site
Total site area: 23,683m²
• Development Footprint
Portion 1: 8,124m²
Zoned: General Residential Subzone 2 (GR2).
• Open Space
Remaining Portion: 15,559 m²
Zoned: Open Space 3 (OS3) private green space.
• Coverage
Actual proposed coverage is 27.25% (2,214.60m²), against a 60% coverage limit
Floor Factor: 1.0.
Development Profile:
• Residential Units
Two-storey duplexes: 58 units
• Unit Size: 62.26m²
• Unit Architecture
Each of the 58 opportunities consists of a modern, two-storey duplex with a total floor area of 62.26m² (31.13m² ground floor + 31.13m² first floor). Optimised Land Use & Technical Specs
• Target market
First time buyers and young families in the middle income sector.
• Amenities
Dedicated rooms for refuse, laundry yards and palisade fencing are part of the approved layout.
• Parking
Vehicle bays: 73 (13 visitor, 2 disabled)
Bicycle Bays: 20
Estate Features:
• Eco Features
The estate features a landscaped bio-detention pond and a 15m buffer zone to protect local freshwater features.
• Security
Approved for high-quality concrete palisade fencing (90% permeable) to ensure a secure residential environment.
• Infrastructure
Bulk engineering services capacity is confirmed by the City Council.
Development Charges (DC) are calculated at R2 232 120 subject to annual escalation from date of approval.
Investment Value
The proposed project is fully aligned with the Municipal Spatial Development Framework. This opportunity further eliminates the cost incurred with zoning application and council approval delays and is an immediate path to breaking ground and realizing the project plan.
Features
Sizes
Monthly Repayment
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