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505 & 506 Bloemhof, Wetton, Cape Town, Western Cape
R 13 273 500
Prime Development Opportunity – Lansdowne / Wetton, Cape Town Price: POA (Price on Application) Total Land Size: 4,362 m2 • Erf 505: 3,172 m2 • Erf 506: 1,190 m2 Zoning: CO1 Location Advantage • Situated in the sought-after Lansdowne/Wetton corridor • Located on the MyCiTi Bus Route, ideal for transport-oriented development • Close to schools, retail centres, and essential amenities • Convenient access to major arterial roads and transport links Development Potential • Rezoning opportunities for higher-density residential or mixed-use development (subject to council approval) • Perfect for multi-unit, sectional title, or mixed-use projects • Large, combined erf size provides excellent flexibility in design and layout • Existing dwellings offer immediate rental income during planning and rezoning phases Current Property Details Erf 505 – Spacious Main Residence with Income Potential • 6 Bedrooms, including main ensuite • Lounge, dining area, and fully fitted kitchen • 3 Bathrooms (main ensuite) • Upstairs attic, ideal for a study or extra room • Double garage and swimming pool • Solar geyser, instant geyser, plus an additional standard geyser • 2 Separate entrances providing dual-living or rental options: o 1st Separate Entrance: 2 bedrooms, kitchen, and bathroom o 2nd Separate Entrance: 1 bedroom, kitchen, and bathroom Erf 506 – Large Family Home with Cottage • 5 Bedrooms, including main ensuite • Kitchen, pantry/laundry area, lounge, and reception room • 5 Bathrooms (main ensuite) • Double garage and garden cottage consisting of 1 bedroom, bathroom, and kitchen ? Why Developers Should Consider This Opportunity • Strategic location in a rapidly developing corridor • Excellent connectivity and demand for mixed-use and residential projects • Immediate income stream from existing dwellings • Ideal scale and configuration for phased or large-scale development • Strong capital growth potential through densification and rezoning Price on Application (POA) For further details or to arrange a confidential discussion, please contact me directly.
Estimated monthly repayment
R 125 346
on a R 11 946 150 bond over 20 years at 11.25%
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505 & 506 Bloemhof, Wetton, Cape Town, Western Cape
Area view — the exact address is shared on enquiry.
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