Exciting development opportunity in the heart of Paarl.
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Presenting a prime 1756 sqm stand with access from two roads, strategically located near Paarl Gimnasium High School and directly across from Optenhorst Village. This property comes with development approval for 12 modern apartments spread across two blocks, making it an ideal investment for developers or investors looking to capitalise on the booming Cape Winelands market.
The approved apartment sizes range from 72 sqm to 90 sqm, providing a versatile layout that appeals to a broad demographic of potential tenants. With rights already in place, this property offers a seamless pathway to commence development, allowing you to bring your vision to life without delay.
This is a unique chance to make your mark in a sought-after location, perfectly positioned for growth and community appeal. Whether you aim to create stylish residences for sale or retain the apartments for rental income, this opportunity caters to both ambitious developers and savvy investors alike.
Contact us today for more information or to arrange a viewing!
Paarl is a picturesque town in the Western Cape, located in the heart of the Cape Winelands, about 60 kilometers northeast of Cape Town. The town is known for its breathtaking scenery, historical landmarks, and world-renowned vineyards, making it a popular tourist destination.
Paarl is home to many excellent schools, making it an ideal location for families. The town has a vibrant community, with a variety of...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
