Lucratice Mixed-Use Development Opportunity

A rare opportunity for investors and developers to secure a prime mixed-use development site in the heart of Klapmuts – one of the fastest-growing investment nodes in the Stellenbosch region.

Strategically positioned within the envisaged retail and mixed-use hub of Klapmuts, this precinct is set to become the commercial and residential centre of the town. Ideally located between Stellenbosch and Paarl, with immediate access to the N1, Klapmuts continues to attract significant investment and large-scale residential and commercial developments. The volume of completed and planned projects in the area is clear evidence of the town`s exceptional growth trajectory. The time to invest is now.

This prime 5,710m2 property is currently in the process of being rezoned for Mixed Use. A conceptual Site Development Plan (SDP) has been prepared, illustrating the development potential of the property. The concept includes approximately 1,552m2 of ground-floor retail space comprising a drive-through facility for a major fast-food retailer, together with five retail shops or offices. Above the retail component, the concept provides for four residential floors accommodating 48 apartments.

The conceptual design serves purely to demonstrate the development potential of the site. The successful purchaser will have the flexibility to develop the property in accordance with their own vision and requirements, subject to the approved zoning and municipal regulations.

Please note that the property is traversed by the planned Berg River Pipeline as well as the existing Wemmershoek Pipeline. The current developable footprint is approximately 1,570m2, with the possibility of utilising portions of the remaining land for parking and associated infrastructure.

For further information or to arrange a viewing, contact Albrecht Sadie and/or Christelle van den Berg of Meridian Realty.