Calling All Investors, Developers & Visionaries
Exclusive Sole Mandate – Prime GB5 Zoned Double-Storey in Salt River
Incredible Views | Fixer-Upper | Development Potential
This rare find in the heart of Salt River offers not only a spacious double-storey residence but also comes with the highly sought-after GB5 zoning – allowing for mixed-use development, including residential, commercial, retail, or student accommodation.
With panoramic views of Table Mountain and Lion’s Head from the upstairs balcony, this property is ideal for those looking to unlock maximum value in one of Cape Town’s most exciting and evolving neighbourhoods.
Zoning: General Business 5 (GB5)
• Suitable for student housing, apartments, offices, or retail development
• High development flexibility
• Strong rental demand in the area
Property Features:
• 4 Spacious Bedrooms – Ideal for communal living or student accommodation
• 1 Large Family Bathroom
• Generous Lounge Area
• Functional Kitchen – Ready for renovation
• Private Courtyard – Create a serene outdoor space or additional utility area
• Upstairs Balcony – Uninterrupted views of Table Mountain and Lion’s Head
Fixer-Upper with Massive Upside
The property needs refurbishment, presenting an excellent opportunity to redesign and repurpose it into a high-yield asset. The double-storey structure offers a solid base for expansion or complete redevelopment.
Unbeatable Location:
• Easy access to public transport, including MyCiTi and Salt River Station
• 5–10 minutes to Cape Town CBD
• Close to UCT, CPUT, and other tertiary institutions
• Walking distance to trendy cafés, retail spaces, and creative hubs
• High rental demand area with consistent growth potential
Opportunities like this don’t come around often. Whether you're looking to develop, invest, or renovate, this property offers unmatched flexibility and location value in one of Cape Town’s fastest-growing nodes.
Contact Gafsa today to arrange a private viewing and explore the potential that this unique property holds.
Incredible Views | Fixer-Upper | Development Potential
This rare find in the heart of Salt River offers not only a spacious double-storey residence but also comes with the highly sought-after GB5 zoning – allowing for mixed-use development, including residential, commercial, retail, or student accommodation.
With panoramic views of Table Mountain and Lion’s Head from the upstairs balcony, this property is ideal for those looking to unlock maximum value in one of Cape Town’s most exciting and evolving neighbourhoods.
Zoning: General Business 5 (GB5)
• Suitable for student housing, apartments, offices, or retail development
• High development flexibility
• Strong rental demand in the area
Property Features:
• 4 Spacious Bedrooms – Ideal for communal living or student accommodation
• 1 Large Family Bathroom
• Generous Lounge Area
• Functional Kitchen – Ready for renovation
• Private Courtyard – Create a serene outdoor space or additional utility area
• Upstairs Balcony – Uninterrupted views of Table Mountain and Lion’s Head
Fixer-Upper with Massive Upside
The property needs refurbishment, presenting an excellent opportunity to redesign and repurpose it into a high-yield asset. The double-storey structure offers a solid base for expansion or complete redevelopment.
Unbeatable Location:
• Easy access to public transport, including MyCiTi and Salt River Station
• 5–10 minutes to Cape Town CBD
• Close to UCT, CPUT, and other tertiary institutions
• Walking distance to trendy cafés, retail spaces, and creative hubs
• High rental demand area with consistent growth potential
Opportunities like this don’t come around often. Whether you're looking to develop, invest, or renovate, this property offers unmatched flexibility and location value in one of Cape Town’s fastest-growing nodes.
Contact Gafsa today to arrange a private viewing and explore the potential that this unique property holds.
Monthly Rates
R697.03
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Salt River, Cape Town
The city centre has become increasingly attractive as a hip residential area offering a world-class inner-city lifestyle unique in South Africa. Cradled between Table Mountain on one side and Table Bay on the other, Cape Town's city centre is home to a growing selection of luxury apartments , lofts and penthouses. Available to buy or rent, furnished or unfurnished, many of these are located in buildings which boast pools and gyms and have excellent 24-hour security. Many who live in the city centre choose to work there as well - either from their homes or in the vicinity, enjoying a safe, modern and stimulating urban environment and lifestyle free from the frustration of hours stuck in endless traffic...
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Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Salt River in the news
Greeff Head Office Expansion
Greeff Christie's International Real Estate is expanding further into the Cape Town city bowl, growing their unique hands-on brand of professional service excel Read article
Greeff celebrates turning 20
Two decades ago, real estate agent Mike Greeff started Greeff Properties in the heart of Cape Town's Southern Suburbs. Read article
Woodstock Art Setting the Streets Alight!
With Woodstock fast becoming the art and cultural hub of Cape Town, we have seen a more than impressive art form establishes itself as a front runner in driving Read article
Disclaimer
While every effort will be made to ensure that the information contained within the Greeff Christie's International Real Estate website is accurate and up to date, Greeff Christie's International Real Estate makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
