Guest House | Venda
Sole & Exclusive Mandate: This is a one-of-a-kind opportunity to acquire a portfolio of three strategically linked properties in Langebaan, offering a mix of current rental income and future development potential. Situated in the sought-after Villa Diamante area, the portfolio includes:
Features:
Land Size: 1,556 m² | Building Size: 509 m² Zoning: Business 1 with Special Consent for Flats. Rental Income: All units are currently leased, to be taken over by the purchaser, providing steady income.
Potential Uses:
Can serve as an access solution to the adjoining development site (via a notarial tie), or Be kept as a standalone plot for a new home build. Holding Costs: Member of Villa Diamante HOA with levies of approx. R250/month and a building penalty of approx. R1,000/month.
Context: Consolidation with the apartment block erf (8734) has been approved but not yet registered. Currently enclosed within Groot Diamant’s fencing.
Land Size: 6,700 m² Zoning: Residential 2 (approved)
Development Options:
A previous plan for 32 units was submitted but not approved, leaving flexibility for the purchaser to tailor a new concept aligned with market demand. Suitable for medium-density residential development such as apartments or townhouses.
Access:
No direct access from Oostewal Road. Access to be secured through Groot Diamant (Erf 8734) or via Erf 8817 (14 Saffier Street). Development Levy: Acknowledgment of Debt already signed; approx. R1.221m (excl. VAT) payable by purchaser. (Included in Total Sale Amount)
Why This Portfolio Works
For the full information pack, zoning documents, and to arrange a viewing, contact us!