Commercial Property for Sale in Waves Edge Western Cape
Commercial Property for Sale in Waves Edge Western Cape
Commercial Property for Sale in Waves Edge Western Cape
Commercial Property for Sale in Waves Edge Western Cape
Commercial Property for Sale in Waves Edge Western Cape
Commercial Property for Sale in Waves Edge Western Cape
Commercial Property for Sale in Waves Edge Western Cape
Commercial Property for Sale in Waves Edge Western Cape
Commercial Property for Sale in Waves Edge Western Cape
Commercial Property for Sale in Waves Edge Western Cape
R 22 000 000
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Property features

  • R 22 000 000
  • Rates 

Property Details

EXCLUSIVE TO JAWITZ

Prime GR2 Development Opportunity – 1000m² in High-Density Growth Node for Gr3/4

Positioned in a rapidly evolving high-density precinct within the City of Cape Town, this 1000m² GR2-zoned site presents an exceptional opportunity for developers seeking scale, flexibility, and strong future upside.

Set against a backdrop of both ocean and mountain views, the property offers a rare combination of location appeal and planning potential. The surrounding area is already earmarked for intensified development, with precedent and municipal support indicating strong prospects for rezoning to GR3–GR5, significantly enhancing bulk and yield.

Key Highlights:

Erf Size: 1000m²
Current Zoning: GR2 (General Residential 2)
Upside: Potential for rezoning to GR3–GR5 (subject to approval)
Location: Within a designated high-density corridor under COCT planning framework
Views: Elevated position with ocean and mountain outlook
Accessibility: Well-connected to main transport routes, amenities, and coastal nodes

Development Appeal:

This site is ideally suited for:

Sectional title apartments
Mixed-use residential schemes
High-yield rental developments
Boutique lifestyle estates

With increasing demand for well-located residential stock and ongoing densification in the area, this property offers developers the ability to unlock substantial value through strategic planning and design.

Why This Site:

Positioned in a proven and expanding development pocket
Strong fundamentals for capital growth and end-user demand
Flexible zoning with clear pathway to increased bulk
Lifestyle-driven location enhancing marketability

Opportunities of this nature—combining zoning flexibility, views, and location—are becoming increasingly scarce.

Enquire today for zoning parameters, development guidelines, and feasibility insights.

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