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.
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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.
