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Vacant Land For Sale in Stellenbosch

Stellenbosch, Western Cape
R 7900000
RunningCosts Bond
Costs
Property Type Vacant Land
Erf Size 5710 m2
Levies R 0
Listing Date October 14, 2024
Floor Size NA
Rates and Taxes R 1775.19
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Property description

Positioned in the heart of rapidly expanding Klapmuts, this exceptional mixed-use development opportunity offers investors and developers the chance to secure a strategically located property within one of the Cape Winelands’ fastest-growing nodes.

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Ideally situated between Stellenbosch and Paarl with convenient access to the N1, the property forms part of the broader growth corridor envisioned for the region, including proximity to the planned Cape Winelands Airport.

Property Overview
Erf Size: 5,710 m²
Development Footprint: Approximately 1,573 m²
Proposed Use: Apartments, retail, commercial, and convenience offerings
Zoning Process: Mixed-use zoning application is nearing completion, with only three remaining specialist studies/reports required

The remainder of the property is affected by existing and future pipeline servitudes, including the Wemmershoek and future Berg River pipeline routes, limiting further structural development in those areas. A public road servitude is also located along the lower section of the property. These areas are ideally suited for parking, circulation, and open-use components within the overall development scheme.

Investment & Transaction Benefits

The property is owned by a company, creating a unique opportunity for purchasers to acquire either the property itself or the company shares.

Key benefits include:

The company will be transferred free of debtors and guaranteed.
Sellers are prepared to retain an agreed amount in an attorney’s trust account for a specified period as additional protection against any unforeseen liabilities
A potential tax benefit may apply to future developers through available tax deductions against future profits, potentially reducing the overall tax burden significantly

Further details regarding the tax structure and applicable benefits can be provided to qualified buyers and verified by the company’s appointed tax practitioner.

Concept Development Vision

A concept design for the site includes:

Ground floor retail and commercial space of approximately 1,552 m²
Drive-through facility suitable for a national fast-food tenant
Five retail shops/offices
Four upper floors comprising 48 residential apartments

This development concept highlights the strong commercial and residential potential of the property within the expanding Klapmuts market.

Strategic Growth Location

Klapmuts is increasingly recognised as a major future growth node within the Cape Winelands. In addition to the ongoing expansion surrounding Stellenbosch, the Drakenstein Local Municipality has identified significant future developments north of Klapmuts, reinforcing long-term demand for residential, retail, and mixed-use developments in the area.

The Stellenbosch Spatial Development Framework further supports the region’s future urban expansion, making this a compelling long-term investment opportunity.

Contact Information

Don’t miss this rare opportunity to invest in one of the Western Cape’s emerging development hotspots.

For more information or to arrange a private discussion regarding the opportunity, please contact:

Albrecht Sadie or Christelle van den Berg
Keller Williams Dynamic

As local area specialists with extensive knowledge of the Klapmuts market, we are ready to assist you in unlocking the full potential of this unique development opportunity.

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