Description

 The Vergezicht property is a unique and strategically located
site with significant development potential. Situated in the upmarket Welgemoed
area, it offers breathtaking views and multiple possibilities for development:  

1. Luxury
   Apartment Complex: The property is well-suited for the construction of
   a luxury apartment complex. Its elevated position provides stunning vistas
   of the Welgemoed golf course to the west and the Boland mountain ranges to
   the east. This location offers an ideal setting for affluent residents who
   seek a high-end urban lifestyle. 
2. Boutique
   Hotel: Alternatively, the site can be developed into a boutique hotel.
   With its picturesque views and proximity to key corporate offices and
   shopping centres, it presents an attractive opportunity to cater to both
   business and leisure travellers. The presence of a natural forest, river,
   waterfall, and nearby golf course enhances its appeal. 

Key highlights and advantages of the development potential
include:  

• Proximity
  to Corporate Centres: Vergezicht is conveniently located near major
  corporate offices, including Santam, Sanlam, Glacier, PSG, Distell,
  Momentum, CIPLA, RMB, FNB, and others. This makes it an attractive option
  for business travellers and professionals. 
• Access
  to Amenities: The development will offer easy access to a wide range
  of amenities, including shops, bars, restaurants, sports facilities, and
  fitness centres. It is also near the Tygervalley Shopping Centre,
  Willowbridge, and the Cape Town Waterfront. 
• Transportation
  Accessibility: The property is easily accessible from the Cape Town
  International Airport and is centrally located, providing convenient
  access to prominent beaches and healthcare facilities, such as Louis
  Leipoldt Medi Clinic, Panorama Medi-Clinic, and more. 
• Natural
  Beauty: The property's natural features, including a small river,
  waterfall, and adjacent private forest, add a unique and tranquil aspect
  to the development, making it an attractive destination for residents or
  guests seeking a serene environment. 
• Flexible
  Unit Configuration: The proposed development initially included 38
  spacious apartments with ample parking. However, the number of units can
  be adjusted to cater to market demand, allowing for flexibility in design
  and unit sizes. 
• Limited
  Competition: Developments of this nature, particularly with direct
  golf course access, are currently limited in the market, making Vergezicht
  a standout opportunity. 

Overall, Vergezicht presents an exciting and versatile
development opportunity for luxury residential apartments or a boutique hotel.
Its prime location, natural beauty, and thoughtful design considerations make
it a promising investment in the upmarket Welgemoed area. 

Additional information can be supplied on receipt of a signed NDA. 

Contact BIBI BEST for more information.