Prime land in Simon's Town, Cape Town

Posted On Tuesday, 03 July 2012 14:24 Published by eProp Commercial Property News
Rate this item
(0 votes)

One of Simon's Town's last remaining large pieces of undeveloped land will be taken to auction by Aucor Property on 26 July 2012.

Property-Housing-ResidentialThe vacant land, measuring a total of 4451 m², is being sold with plans in place to develop 15  residential duplex units; a development to be known as 'Harbour Terrace'.

The property overlooks False Bay and is close to the Harbour, restaurants, shops and naval base

Comments Debbie Sherman of Aucor Property, "Large pieces of land such as this along the coast, especially those with plans already in place to be developed, are highly sought after.

The heritage and history that is held by Simon's Town has recently attracted various property developers to the area, and with little vacant land still available, we have received much interest in this property.

The property has had rezoning approved and a target cost plan is in place for development. In addition to this, an intensive geotechnical survey has been completed."

The auction will take place at the One and Only Hotel, V&A Waterfront, Cape Town at 12pm on Thursday 26 July. Otherb will also be on offer at this auction event.

Last modified on Friday, 30 May 2014 15:54

Most Popular

Property sales and development in Cape Town’s East City precinct healthy despite pandemic

Sep 01, 2020
Jeff_Kleu
Just nine months after launching to market, 63% of The Harri, a new 48-unit apartment…

Realising the potential of embattled Cape York

Sep 01, 2020
Cape_York_Focus
Previously owned by the Bank of Mozambique and abandoned, Cape York had been hijacked and…

Minister de Lille applauds Women in Construction at 2020 ERWIC Awards

Aug 31, 2020
Patricia De Lille
“Women in SA need to be given the opportunity to participate meaningfully, including in…

Business parks thrive as industrial tenants seek value

Sep 10, 2020
Rael Levitt
Business parks are coming into their own as a viable asset class in commercial real…

Creativity on the march across retail landscape

Sep 14, 2020
Belinda Clur MD
Creativity is on the march across the retail landscape as sector players get to grips…

Please publish modules in offcanvas position.