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Create a landmark Camps Bay residence with sweeping sea and mountain views; elevated 883 m² erf with approved plans for ~1,118 m² (two penthouses), fast-track construction ready.
Don`t miss this opportunity
Prime Property vacant land in Camps Bay
An exceptional opportunity to acquire a large sea-view erf in Camps Bay with substantial approved bulk already in place.
This 883 m2 vacant land is zoned General Residential 2 and comes with approved building plans permitting a total floor space of approximately 1,118 m2, distributed across two dwellings. Three dwellings could also be done. The approved bulk takes full advantage of the site’s slope and elevation, allowing for multi-level construction and maximised ocean outlook.
The approved plans significantly reduce development risk and time, enabling an incoming purchaser to proceed directly to construction without the delays typically associated with new applications or objections.
Sea and Mountain views, generous build rights, and a prestigious Camps Bay address. A private buyer seeking a landmark residence, or a developer requiring certainty of bulk in one of Cape Town’s most prestigious zip code.
FEATURES OF THIS PURCHASE
Approved Plans for two Penthouses
883 m2 vacant erf
General Residential Zone 2
±1,118 m2 approved total floor space
Elevated position with sea views
Approved architectural plans in place
VAT applicable
For more information and a private viewing of the land call me or email me.
Serious enquiries only.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R36,750,000
Price reduced by 2.0% to R36,000,000
Price increased by 1.1% to R36,400,000
Price reduced by 0.1% to R36,349,000
Price reduced by 1.0% to R35,999,000
Price reduced by 5.6% to R34,000,000
Price reduced by 8.8% to R31,000,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 16 listings in Cape Town (town)
Insight
Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 587% above the median. Land size is 10% smaller 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
16 similar listings
Medium similar land inventory town-wide (Cape Town)
Median time on market: 237 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
Camps Bay offers an exclusive coastal lifestyle defined by its iconic white-sand beach, vibrant promenade, and breathtaking mountain vistas, making it a premier destination for those seeking luxury living in Cape Town.
* Distances and amenities are approximate.
