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Houghton Place, Houghton Place, Eersterivier South, Western Cape
R 46 000 000
Prime Development 198 Opportunity, Houghton Place, Eerstrivier Approved development | 5.8 Hectares | Strategic Growth NodeSeize the opportunity to develop a signature medium-sized estate in one of the Western Capes fastest-growing residential corridors. Located at the high-traffic crossroads of Old Faure Road and Baden Powell Drive, this site is perfectly positioned to capture the high demand for middle-market housing.The OpportunityThis 58,628m² tract of land comes with approved subdivision and 3 phasing approval, offering a prospect for developers looking to minimize lead times. The layout is designed for a well planed development catering to both first-time buyers and growing families.159 Freehold Units: Single Residential 1 erven.39 Sectional Title Units: 3 General Residential 2 zoned portions.Zoned & Ready: Approved under the MPBL Sept 2025 with rights for phased implementation.Versatile Potential: While approved for residential, the sites proximity to major retail hubs makes it a viable candidate for a small regional shopping centre subject to rezoning.Strategic Location & ConnectivityPositioned centrally between the Helderberg, the Winelands, and the City Bowl, this site offers unparalleled access for commuters:Somerset West: 15 minsStellenbosch: 20 minsCape Town CBD: 30 minsWhy This SitePolicy Alignment: Confirmed by the Citys Spatial Planning Branch as an Incremental Growth Area.Vested Rights: The rezoning to a Subdivisional Area Overlay Zone is secure.Phased Growth: Approved for a 3-phase rollout to manage cash flow and infrastructure delivery efficiently.High Visibility: Located on upgraded arterial routes with massive daily traffic counts.Price is exlusive of VAT.Please contact us for more information. Show more Show less
Estimated monthly repayment
R 434 392
on a R 41 400 000 bond over 20 years at 11.25%
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Houghton Place, Houghton Place, Eersterivier South, Western Cape
Listed by
Zanele Mokoena
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