Small Holding for sale in Brackenfell South, Brackenfell, 37343 m²

Brackenfell South, Brackenfell, Western Cape

Small Holding

ZAR 82,000,000

• 37,343 sqm
• 37,343 m² plot

I would like to bring an exciting development opportunity to your attention: a substantial parcel of land of approximately 3.7343 hectares (37,343 m²), offering significant potential for future development. Previous development proposals were prepared for the property and provide a useful indication of what may be possible. These proposals are, however, no longer active, and the purchaser/developer will be required to submit their own development plans in accordance with their specific vision and requirements. The previous proposal contemplated a mixed residential and business development, including approximately 250 apartments, 12 duplex units and a commercial component. This should be viewed purely as an indication of the property's potential and is not intended to limit future development possibilities. A particularly valuable feature of the property is the borehole, which, according to the owner, has never run dry during the past 40+ years. Please note that the property is currently zoned agricultural. The successful purchaser/developer will need to apply for the appropriate rezoning when submitting their development plans. The planning and rezoning processes can run concu…