R7,500,000 | 474m² Vacant Land For Sale in Newlands

An excellent opportunity to secure a vacant erf in the sought-after lower pocket of Fernwood, Newlands. Measuring 474m², the property is rectangular in shape, level and north-facing, with easy access directly off Orange Street. Its convenient position also offers easy access to the highway, making it an appealing location for those looking to build in an established residential neighbourhood.

Optional building opportunity:
There is also an opportunity to make use of the council-approved plans by Robert Silke & Partners, designed specifically for the property. The plans provide for a contemporary, north-facing, multi-level home with four bedrooms, open-plan living areas, a study, family room and gym. The design also includes a swimming pool, double garage and additional parking.

The land is being sold independently of the building option, giving the purchaser the flexibility to proceed with the approved plans, with a building cost of R12 995 000 including VAT, or appoint their own contractor and develop the property according to their requirements. Contact our HUNT Team for more details.