Sole & Exclusive Mandate | Two Adjoining Plots in Lakeside
An incredibly rare opportunity to secure two adjoining plots in Lakeside, offering a combined 1,707sqm of prime land with dual access points. Together, the properties are available at R11,995,000, presenting an outstanding canvas for redevelopment.
This site presents an outstanding opportunity for developers to design and deliver modern sectional-title units, townhouses, or exclusive family residences in one of the Southern Peninsula’s most desirable addresses. With limited redevelopment stock, consistently high rental demand, and growing lifestyle appeal, opportunities of this nature in Lakeside are few and far between, ensuring strong end-user uptake and long-term capital growth.
Lakeside is a suburb in high demand, balancing coastal living and everyday convenience. Families and professionals are drawn to its proximity to False Bay’s beaches, top schools, shopping centres, and main transport routes. With limited land available for redevelopment, opportunities of this scale are exceptionally scarce.
For forward-thinking developers and investors, this site promises high rental demand, strong resale value, and long-term capital growth.
ERF size: ±1707m²
Rates Estimate: ± R4,300.00
Offers from : R11,995,000.00