ref # 5660

R 2 700 000 (135 338 EUR*)

select a 2nd currency

± 421 m2

Commercial plot for sale on Victoria Avenue.

Prime Development Opportunity in Hout Bay!

Are you contemplating the establishment of a boutique hotel, apartments, or offices? This prime location offers the potential for this and is situated perfectly on popular tourist route. The versatility of this site is accentuated by its unparalleled positioning on one of the two main roads leading into and out of Hout Bay.

This property boasts a GB1 (General Business) zoning, permitting a building height of up to 15 meters and endorsing mixed usage.

Additionally, the property's ownership through a VAT-registered company facilitates a VAT reclaim, eliminating the Transfer Duty.

For further details, kindly contact Shaun or Janine.

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