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R46,500,000

Vacant Land Residential for sale in Houghton Place

58,628m²
Pets Allowed
Prime Development 198 Opportunity, Houghton Place, Eerstrivier

Approved development | 5.8 Hectares | Strategic Growth Node

Seize the opportunity to develop a signature medium-sized estate in one of the Western Cape’s fastest-growing residential corridors. Located at the high-traffic crossroads of Old Faure Road and Baden Powell Drive, this site is perfectly positioned to capture the high demand for middle-market housing.

The Opportunity

This 58,628m2 tract of land comes with approved subdivision and 3 phasing approval, offering a prospect for developers looking to minimize lead times. The layout is designed for a well planed development catering to both first-time buyers and growing families.

159 Freehold Units: Single Residential 1 erven.

39 Sectional Title Units: 3 General Residential 2 zoned portions.

Zoned & Ready: Approved under the MPBL (Sept 2025) with rights for phased implementation.

Versatile Potential: While approved for residential, the site’s proximity to major retail hubs makes it a viable candidate for a small regional shopping centre (subject to rezoning).

Strategic Location & Connectivity

Positioned centrally between the Helderberg, the Winelands, and the City Bowl, this site offers unparalleled access for commuters:

Somerset West: ~15 mins

Stellenbosch: ~20 mins

Cape Town CBD: ~30 mins

Why This Site?

Policy Alignment: Confirmed by the City’s Spatial Planning Branch as an "Incremental Growth Area."

Vested Rights: The rezoning to a Subdivisional Area Overlay Zone is secure.

Phased Growth: Approved for a 3-phase rollout to manage cash flow and infrastructure delivery efficiently.

High Visibility: Located on upgraded arterial routes with massive daily traffic counts.

Price is exlusive of VAT.

Please contact us for more information.

Property Type
Vacant Land Residential
Stand Size
58,628m²
Pets Allowed
Yes
Reference
CCH2199
Property history
Listed for sale at R46,500,000
03 Feb 2026
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