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Web Ref JCL1276
R6,000,000
125 Athens Road
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Monthly Rates
R1,600
R1,600
Prime GR3 development opportunity in the heart of Table View.
Unlock the full potential of this exceptional 1,004m² Pre SDP GR zoned development site, strategically positioned within the Blaauwberg Road Spatial Development Plan (SDP) precinct – one of Table View's most sought-after growth corridors. This property presents a rare opportunity for developers to capitalize on the area's ongoing urban densification initiatives, with the existing dwelling ideally suited for demolition to make way for a modern residential apartment development.
Based on the site's zoning parameters and development potential, an estimated 16 contemporary residential apartments could be accommodated, subject to municipal approvals. A well-designed scheme could incorporate spacious units averaging approximately 75m² each, together with secure on-site parking, visitor parking, access control, and modern lifestyle amenities demanded by today's residential market.
Development Highlights:
• For GR3 Zoning
• 1,004m² Erf
• Situated within the Blaauwberg Road SDP Development Corridor
• Estimated yield of approximately 16 apartments (subject to approval)
• Average unit size ±75m²
• Opportunity for secure on-site parking and controlled access
• Strong demand for quality residential accommodation in the area
Unmatched Location Benefits
The property's strategic location places future residents within easy reach of key amenities and transport infrastructure:
• Walking distance to major public transport routes and MyCiTi services
• Close proximity to leading schools and educational facilities
• Minutes from major shopping centres and retail destinations
• Centrally located near the thriving Table View business hub
• Convenient access to Otto du Plessis Drive, providing a direct route to the Cape Town CBD and Atlantic Seaboard employment nodes
• Short drive to the beachfront and lifestyle attractions of the Western Seaboard
With increasing demand for well-located residential accommodation along the Blaauwberg corridor, this site offers developers the opportunity to deliver a modern apartment development that combines convenience, accessibility, and strong market appeal.
Based on the site's zoning parameters and development potential, an estimated 16 contemporary residential apartments could be accommodated, subject to municipal approvals. A well-designed scheme could incorporate spacious units averaging approximately 75m² each, together with secure on-site parking, visitor parking, access control, and modern lifestyle amenities demanded by today's residential market.
Development Highlights:
• For GR3 Zoning
• 1,004m² Erf
• Situated within the Blaauwberg Road SDP Development Corridor
• Estimated yield of approximately 16 apartments (subject to approval)
• Average unit size ±75m²
• Opportunity for secure on-site parking and controlled access
• Strong demand for quality residential accommodation in the area
Unmatched Location Benefits
The property's strategic location places future residents within easy reach of key amenities and transport infrastructure:
• Walking distance to major public transport routes and MyCiTi services
• Close proximity to leading schools and educational facilities
• Minutes from major shopping centres and retail destinations
• Centrally located near the thriving Table View business hub
• Convenient access to Otto du Plessis Drive, providing a direct route to the Cape Town CBD and Atlantic Seaboard employment nodes
• Short drive to the beachfront and lifestyle attractions of the Western Seaboard
With increasing demand for well-located residential accommodation along the Blaauwberg corridor, this site offers developers the opportunity to deliver a modern apartment development that combines convenience, accessibility, and strong market appeal.
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