An exciting opportunity exists to undertake a prime property development on the Bloubergstrand beachfront. New Address Property Partners are looking for parties interested in the development of a 20-storey hotel and/or apartment block on the Bloubergstrand beachfront.
The 2667mq site is ideal for a hotel with magnificent views over Table Bay, with Table Mountain defining the unmistakable horizon. This well positioned, sun-drenched, west-facing property is steps away from the pristine white sandy beaches. In addition to the stunning beaches and spectacular views, Bloubergstrand is the ideal place for kite surfing, running, cycling and many other outdoor activities. It is a 20-minute drive to Cape Town CBD and the V&A Waterfront and a 25-minute drive to the airport. The site is also within walking distance of the new BRT public transport system.
Approval to allow additional bulk and coverage for this prime development site has been granted by the local authorities. There is currently a 1750mq, two storey retail building in front of the property and this is fully let. The proposed plans to construct a 20 storey luxury apartment block/hotel behind the existing commercial component will be permitted by the local council. This existing development creates a perfect commercial base for the proposed apartment block/hotel.
The prominence and feasibility of Bloubergstrand has already been proven with a recent investment of R600-million in another beachfront hotel just down the road from this particular site.
The potential for a hotel development offers the potential for state-of-the art conference facilities, an upmarket restaurant, outdoor swimming pool and a stylish cocktail bar with spectacular sunsets.
This is an amazing opportunity that ambitious property developers should not pass up. New Address Property Partners is open to proposals from individual companies or consortiums working together.
Don’t waste time, get in contact with Erik Blaugsted to take the next step.
Email: newaddress@vodamail.co.za
