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Forest Road Rondebosch, Rondebosch Village, Cape Town, Western Cape
R 7 500 000
R4 Zoned Development Opportunity In Tree-Lined Pedestrian Lane On The Canal Situated in between "The Rondebosch" and an upcoming 8 storey residential block, this is one of the last opportunities to develop a block of apartments positioned on the canal, with incredible mountain views from the upper floors. The plot it situated at the end of 2 Cul-De-Sacs and has exposure to both roads and a tree-lined pedestrian lane in the front. The layout of the plot also allows for plenty of off street parking in a new development scheme. Currently the property is used for student housing earning strong rentals. Easy walk to UCT, Jamie Shuttle and all the shopping malls. Located one block from Main Road in a very quiet and green residential pocket.
Estimated monthly repayment
R 70 825
on a R 6 750 000 bond over 20 years at 11.25%
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Forest Road Rondebosch, Rondebosch Village, Cape Town, Western Cape
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
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