0 Bed Vacant Land for Sale Camps Bay Atlantic Seaboard

Property Details

Vacant Land / Plot for Sale in Camps Bay Approved Plans for 4 Luxury Units at 8 & 10 The Meadows A rare opportunity to develop four luxury units on two prime plots at 8 & 10 The Meadows. These SR1-zoned properties are nestled in the prestigious Glen area of Camps Bay. Property Details: For sale are two plots with a combined total of 1,883 sqm: ERF 436: 998 sqm ERF 439: 885 sqm Four exclusive units have been designed by Gerd Weidemann, Cape Town's leading luxury development architect. All plans are approved, and the units can be built and sold immediately upon acquisition. Unit 1: 400 sqm Unit 2: 589 sqm Unit 3: 397 sqm Unit 4: 583 sqm Key Features: Uninterrupted panoramic views – all units offer breathtaking sea and mountain views from every level. Prime location – situated in a quiet road, with easy walking access to Camps Bay Beach. Fully approved plans – including multiple departures and demolition permits, allowing you to start promotion immediately upon acquisition. With its size, approved plans, views, and prime location, this land currently represents the best residential development opportunity in Camps Bay. Important Notes: - The seller will only engage with parties offering a clean cash deal for both plots. - Based on quotes from builders obtained, a 30% net return can be achieved - Detailed plans and approvals will be shared with serious buyers. A viewing can be arranged, with the architect also in attendance.