This lovely 46,177 square meter (4.61 Hectare) vacant land in High Gate, Blue Downs is an absolute Gem. Land is such a highly sort after rare asset in Cape Town right now, as land like this is hard to come by. The owner bought this land ages ago and has no plans to develop, therefore he is selling this land at this great price.
The Land is landlocked at this moment, and it is also still Agriculture zoned, as I mentioned the owner has no plans to develop the Land, but buying it right now is a great investment to make as there is a huge thousand housing plan with a Shopping Centre or two and Schools in the very near future, in and around this Land. Once that development begins, then unfortunately the value of this land immediate jumps to almost 10 million, without any development on it.
This High Gate strip of Land will be fully developed in the next 5 to 10 years. Will over 100 hectares of Land yet to be developed, majority of which is owned by City of Cape Town. The rest of the vacant plots are Private owned, consisting of 89 Hectares. I am personally in contact with all the Owners and most wish to sell. Make me a Cash offer and I will negotiate a good discount with the Owner.
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