UNDER OFFER

House, New Development, for sale in Gardens - Cape Town

Ivanhoe St

R8,400,000

ERF Size: 404m2
HWC demolition approval
Land use approval
Request Viewing
Or call:
082 337 0962

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