House, New Development, for sale in Gardens - Cape Town
Ivanhoe StR8,400,000
Sole mandate with aerial video flythrough.
A chance to build a seven unit apartment building in the heart of Upper Gardens with superb views towards Table Mountain, Leeuwenhof Estate (home to the Premier of the Western Cape) and the city lights. For those who know the area, Ivanhoe St is a quiet one way road moments from Kloof St and well known establishments including Bacini’s, Nourish’d and Manna Epicure.
This would also make sense as a build to rent portfolio as the location lends itself to high demand from Airbnb/short term stays.
Our client has HWC approval for demolition. Land use approval. QS viability report.
Each proposed unit has views aside from the garden unit which enjoys an exclusive garden, generous shaded terrace and parking.
Each apartment comes with one parking bay.
Each apartment is two bedrooms except the penthouse which is 3 bedrooms.
Credit to alab architects in Cape Town for the imagery and marketing material. The can also be found on IG and FB.
LEVEL APARTMENTS BALCONIES TOTAL (Square Meter)
Level 1 72 17 89
Level 2 – Unit 2 73 6 79
Level 2 – Unit 3 72 7 79
Level 3 – Unit 4 73 6 79
Level 3 – Unit 5 72 7 79
Level 4 – Unit 6 71 12 83
Level 4 – Unit 7 54 28 82
Level 5 – Unit 7 60 55 115
Total 548 136 684