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Keller Williams offers you the opportunity to acquire this prime 4,1 hectares of Land for Residential Development.
The rezoning process is in an advanced stage. The current application is for approximately 110 stands, ranging in size from 150 m2 to 250m2. Meetings were held with the municipality and the zoning would be supported by them. At this stage, official approval is expected by August 2023. The Stellenbosch spatial development plan for the future of Klapmuts, earmarked this area as a Multi-Unit Residential Zone. The Seller will continue with this process of rezoning with the potential buyer.
This site offers the developer multiple opportunities, such as a high-density portion ranging from single residential to even a fifty-plus section. Opportunities are there for the developer to exploit.
Klapmuts is earmarked as the Growth Hub of Stellenbosch. The spatial development plan by the Stellenbosch Municipality is available upon request.
The stand is accessed via the R44 or Old Paarl Road. It is close to the N1 and borders Rozenmeer Country Estate. Rozenmeer Estate is a secure, family estate where properties range from R900 000 for a stand to R3 250 000 for a 3 Bedroom house. At Anura Wine Estate, the Vini Fera Estate stands range from R2,4m to R3m per stand. This gives the developer an idea of the type of development which can be built on this space. There is a high demand for residential property in Klapmuts, due to its central location and value for money it offers.
Dam frontage makes this a beautiful location and the proximity to Paarl, Stellenbosch and Cape Town, and all major transport routes are ideal for residential development.
The property grants easy and quick access to the N1 to Cape Town and is centrally located between Stellenbosch and Paarl. Having the R44 on your doorstep makes travelling to Stellenbosch a breeze. It is a mere 20-minute drive to Cape Town International airport and a 40-minute drive to Cape Town CBD.
The current monthly rental income of R60,000 is generated by the various residential properties on the land. These properties are also potential residences to be incorporated into the planned new Estate.
Enjoy the luxury of being encircled by prestigious Wine Estates, Country living at its best and an exceedingly popular area for cyclists and nature lovers.
You are invited to contact us to arrange for a private viewing and sharing of detailed information. We are from Keller Williams Realty, the Global Powerhouse in Real Estate.
