Set up on the hill of Yusuf Drive, located in one of Cape Town and South Africa's oldest residential and historic areas, the Bo Kaap, which is situated on the slopes of Signal Hill above the city centre.
With uninterrupted views of Table Mountain, lies this unique opportunity for you to build your dream home or even for the eager investor to develop something special.
The surety of no one being able to build in front of you, due to the area being owned and marked as an OS2 zoning by the City Of Cape Town - makes this opportunity that much more exciting!
One could build a double storey property with a double garage at the bottom and even a rooftop terrace with a pool!
The property is zoned Single Residential 1 which means that: - A maximum of three dwellings can be constructed - The building (s) must not exceed 10m from the base level to the top of the roof (that is approximately 3 storeys) - The building may be used as a bed & breakfast
Contact Nichola today to arrange a viewing & discuss!
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
