R13,500,000
R13,500,000
11 Bedroom Apartment Block For Sale in Plumstead
11
Bedrooms
8.5
Bathrooms
10
Parkings
Sole Mandate
Ref. RLS993431
Land 1144.00m²
Floor 486.00 m²
Monthly Repayment
R132,521.85
Peter Marais
Peter Marais Property Practitioner Seeff Constantia PPRA Registered | FFC 2023329503
Peter Thornton
Peter Thornton Property Practitioner Seeff Constantia PPRA Registered | FFC 2023330981
Monthly Rates R3,630
Total R3,630

Rare Development opportunity

1 BEANSTON COURT, 81 Main Road
Web Ref. RLS993431
GR4 Zoned.

An opportunity like this presents itself very rarely and we are proud to introduce our exclusive sole mandate, inviting developers/investors to create something magical on this property.

Owned by a family for many years, this historic two storey building which is able to go up to five storeys, includes seven flats, an established garden, swimming pool, and private parking behind the block.

All the flats are owned by the current owner, under a Sectional Title Scheme. The opportunity to incorporate the existing building and create many more units with an additional three floors would be highly suited to the area, which includes many apartment buildings. It is on the main Road with great access to shops, schools, hospitals and other city amenities.

The current mix of flats are:
45 sm units x 2
71 sm units x 2
116 sm units x 2
22 sm unit x 1

Established garden with well point water.
Fully walled with Auto gate.

Contact us to discuss further and to view this exciting opportunity.

Features

Interior
11 Bedrooms
8.5 Bathrooms
7 Kitchens
7 Lounges
1 Dining Room
1 Study
Exterior
3 Garages
7 Parkings
Pet Friendly
Pool
Security
Scenery / Views
Sizes
Land Size 1,144 m²
Floor Size 486 m²

Plumstead, Cape Town

Plumstead at a Glance: Bordered by the suburbs of Constantia, Wynberg and Bergvliet and the M5 expressway to the east, divided in two by the Main Road and the railway line, lies the quaint, leafy suburb of Plumstead. Owing to its tree-lined avenues and affordable family-sized homes, Plumstead is a multicultural suburb that has become highly sought-after by property investors, with several newly-developed apartment blocks, security cluster developments and retirement complexes springing up in the vicinity; Property in Plumstead is also attracting the attention of young buyers who are interested in purchasing and repurposing older homes for renovation. The railway station and nearby M5 and M3 expressways give Plumstead visitors and...
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Finance

Monthly Repayment R0,00
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