False Bay

Please find many False Bay Developments in the proximity of Cape Town in South Africa. These investments are located in the Western Cape near Helderberg, Somerset West, Gordons Bay and the coastal town of Strand.

False Bay Developments - Cape Town Property in South Africa

False Bay Developments

 
Gordons Bay Clusters
Description This land is in a good location on a busy road and ready for development as the area is in need of affordable housing. New complexes in the area are doing well in the R1 000 000 – R1 300 000 mark. The location, and the fact that you will apply for a security estate, is a bonus.

Status / Zoning / Service Vacant Land / Single residential. The ideal will be to look at duplex units for the market and apply for 155 sqm erven to allow around 20 – 24 opportunities. / Serviced for the current dwelling.

Size & Price Usable land around 3.500 m² (Total almost 5000 ) at R3.3 million VAT included.

Calculations 22 – 24 units of 155 m², Price per unit : R150 ,000.00.

False Bay PropertyFalse Bay PropertyWhy this area? GORDONS BAY: EVERYONE’S DREAM TOWN AT THE SEA Gordons Bay is a popular location for small families looking for entry level properties under the R2 million mark. It is situated near important economic corridors, good schools and have weekend access to the beautiful Kogelbay areas to make it an attractive option for people moving in by way of semigration. Gordons Bay have a mixture of entry level properties but also has a fair share of high end properties to ensure that the town keeps its standing as an upmarket destination. With lovely beaches and a small town atmosphere at the beach front, it is an attractive investment for people who cannot afford to buy in Somerset West or the Strand.

False Bay Developments



Group Housing Project 1
Description of Opportunity:
This zoned land consists of two erven in a good location and is ready for development. The area is in need of affordable housing. The zoning encourages group housing. Primary uses for this land are dwelling houses, group housing, private road and open space. Additional use rights are flats subject to development rules. Consent uses are utility service, home child care and rooftop base telecommunication station.

Status / Zoned / Service 2 Vacant erven / Gnl res Subzone 1 / Serviced

Size & Price 17000m2 for R13,500,000.00 inclusive of VAT and commission.

Calculations 60 units at R225,000.00 per unit. End product should be between R700,000.00 and R799,000.00.

Why this area? Gordons Bay is a popular location for small families looking for entry level properties under the R2 million mark. It is situated near important economic corridors, good schools and have weekend access to the beautiful Kogelbay areas to make it an attractive option for people moving in by way of semigration.
 

Gordons Bay Investments



Group Housing Project 2
Description of Opportunity This zoned land consists of two erven in a good locationStatus / Zoned / Serviced 2 Vacant erven / Gnl res Subzone 1 / Not serviced.

Size & Price 12 854  at R7.900.000.00 inclusive of VAT and commission.

Calculations 45 units at R175,555.00 per unit. End product should be between R550,000.00 and R650,000.00 per unit.
 
Why this area? Gordons Bay have a mixture of entry level properties but also has a fair share of high end properties to ensure that the town keeps its standing as an upmarket destination. With lovely beaches and a small town atmosphere at the beach front, it is an attractive investment for people.

Agri Land suitable for Country Estate
Description of Opportunity These 43 hectares of agricultural land is in a good location and earmarked for residential development on the Helderberg area Spatial Plan. The farm has beautiful mountain views and an existing dam and can be developed into a beautiful and atmospheric security estate with recreational areas.
 
The new complexes in the area and estates is doing well in the R1 000 000 – R1 300 000 mark.

Status / Zoned / Service Vacant / Agricultural / Not serviced

Size & Price 43 ha for R60 million not including Transfer Duty.

Calculations 1400 – 2000 opportunities are possible.

Why this area? Gordon's Bay is a harbour town in the Western Cape province of South Africa, close to Strand. It is situated on the north-eastern corner of False Bay about 50 km from Cape Town to the south of the N2 national road. Gordon's Bay is the smallest of three towns in the Helderberg region, so named after the Helderberg Mountain which is part of the Hottentots-Holland Mountains which dwarf the locality on two sides. Gordon's Bay consists of the old village, situated around the old harbour and Bikini Beach, the mountainside on the lower slopes of the Hottentots-Holland mountains overlooking False Bay, and the low-lying suburbs close to the main beach, making up the most recent expansion of the town.
 

Agri Land Country Estate



Portfolio
Security Estate
Description of Opportunity Existing Security Estate with state of the art amenities and education. Potential purchaser may take up less than the 74/ 96 plots but then the developer will have to relook the layout to establish phases. A unity in design is paramount.        Architectural harmony will be of prime importance.
Status / Zoning / Service Vacant Land / Can be used for Clusters / Serviced.

Calculations 74 serviced plots of 200 at price per unit - R799,000.00 inclusive of VAT and Commission. 96 Serviced plots of 160 at price per unit - R639,000.00 inclusive of VAT and Commission. Properties selling from R1,800,000.00 for 2 bedrooms duplex homes at 140 sqm and R2,200,000.00 for 3 bedrooms duplex homes at 160 sqm.

Why this area? Somerset West is growing fast with new developments being planned all the time. It is one of the few areas of Cape Town that still has development land available and it’s particularly attractive to families who want to raise their children in a place that still feels like a small town, yet has all the amenities of the city and is within easy reach for commuters to Cape Town.
 

Security Estate



Investment Opportunity
Description Existing apartments. From 67.5sqm to 82.5sqm  Gen Res 73 x 2 bedroomed units fully tenanted. Garages are available for sale. Can purchase individual or bulk. Always fully tenanted due to high demand.

Investment Opportunity
Description Existing Building       
Ranging between 83 – 101 sqm  
Apartments        
Ranging between R720 000.00 – R770 000.00      
Situated in the centre of the CBD. Close to all amenities (shops, schools, churches, hospital, public transport, library, main road). Each flat has 1 undercover parking. Flats have prepaid electrical meters. Intercom has CCTV to front entrance. Position for dishwasher, washing machine & tumble drier. Full granite kitchen & bathroom work surfaces. Full perimeter security with monitoring company.
 

Existing Building



Commercial : Somerset West
Description Vacant    
5597 sqm  Light Ind   
R1550 sqm Ex Vat      
Situated close to Somerset Mall. Highly recommended.
 

Commercial Somerset West Properties



Portfolio
Strand General Residential
Description All rights and approvals in place. 71 opportunities. Situated one block from beachfront. Great development opportunity.
 

Residential Property

 

 

We look forward to hearing from you should you be interested in this developments.
 
Your South Africa Real Estate Team
 
 
 
 

 

 

 

False Bay Developments