Create vibrant urban living and commerce minutes from CPUT — central, transit-rich site with Mixed Use 2 zoning, heritage certificate in place and approx 410–425m².
This vacant land comprises Erf 11002 and Erf 11003, which, when combined (consolidated), will cover an area of approximately 425m2. The property is situated in a Mixed Use 2 zoning area, offering a wide range of development possibilities, including apartments, shops, and light industry.
This site presents an excellent development opportunity, perfectly positioned to take advantage of the surrounding infrastructure and transport links. It is ideally suited for mixed-use development, offering both residential and commercial potential.
Key Features:
Zoning: Mixed Use 2 (suitable for apartments, retail shops, light industrial use)
Land Size: Approx. 425m2 (following consolidation of Erf 11002 and Erf 11003)
Development Potential: Ideal for apartments, retail, and light industrial use
Transport Connectivity:
Major bus route
MyCity (bus rapid transit system)
Train station
Taxi/minibus services
Proximity to Educational Institutions: Close to Universities and CPUT (Cape Peninsula University of Technology), with shuttle access (Jamie shuttles)
Heritage Certificate: The property has been demolished, and a heritage certificate is in place, streamlining the development process.
Leon Singer is a representative of Real Estate Power CC.
Listed for sale at R3,900,000
Price increased by 15.4% to R4,500,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 16 listings in Cape Town (town)
Insight
Priced close to the median for similar land listings. On a price-per-land-m² basis, it is 115% above the median. Land size is 58% 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
Affordability
R 44,174 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
16 similar listings
Medium similar land inventory town-wide (Cape Town)
Median time on market: 218 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
Woodstock is a vibrant and trendy inner-city suburb known for its creative atmosphere, historic buildings, and convenient access to Cape Town's city center, making it appealing to young professionals and artists.
* Distances and amenities are approximate.