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Create luxury family homes with panoramic valley views in sought-after Bonnie Doon; approved plans for two upmarket townhouses, each with four bedrooms, double garage, services connected.
An exceptional development opportunity in the sought-after area of Bonnie Doon. This large 1,648 m2 erf comes with approved plans for two upmarket townhouses, offering a fantastic investment prospect.
Each townhouse, has approx 800 m2 yard & is designed to provide luxury and comfort, featuring 4 spacious bedrooms, including a master suite with an ensuite bathroom and a walk-in wardrobe. There are 2 additional bathrooms, a double garage, and a large open-plan living area that seamlessly connects the lounge, dining room, and modern kitchen.
The majority of earthworks are done and Electrical, Sewerage & Water conn are paid and connected already.
The property boasts beautiful views of the valley, adding to the charm and appeal of this prime location. Don't miss out on this rare chance to develop in Bonnie Doon.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,095,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 147 listings in East London (town)
Insight
Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 21% above the median. Land size is 52% larger than typical for similar land.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Market depth
147 similar listings
High similar land inventory town-wide (East London)
Median time on market: 250 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Bonnie Doon is a tranquil, leafy residential suburb in East London that offers families and professionals a central location with easy access to top-tier schools, coastal amenities, and essential services.
* Distances and amenities are approximate.
