3,090m² Vacant Land For Sale in Riebeek West

R3,750,000

2095 Smuts Street

Monthly Bond Repayment R39,991.11
Calculated over 20 years at 11.5% with no deposit.

Web Ref No RL29323

Unmissable Investment Opportunity: Develop 28 Modern Units in Sought-After Riebeek West

Exclusive Development Opportunity: 28 Sectional Title Units in Riebeek West

An exciting investment awaits with this fully approved project for 28 two-bedroom apartments, each offering off-street parking and secure living. Two showroom units are currently being built, giving a clear preview of the stylish, modern interiors that will attract both buyers and renters.

This ready-to-go development comes with pre-approved plans and financing, making it an ideal venture for investors looking for strong returns in the highly desirable Riebeek West area. The town’s charm, combined with steady property value growth, makes it a prime location for young families and rental income seekers.

The units are designed to maximize space and comfort, with two bedrooms featuring built-in cupboards, a well-equipped kitchen with ample storage, and an open-plan living area that leads to a private patio for ground-floor units. The complex offers secure, remote-controlled access, with one allocated parking bay per unit.

With demand high and some buyers already interested, this project is a rare chance to finish the development, unveil the showhouse, and capitalize on the growing property market in the Valley.