Nestled between the vibrant communities of Kommetjie and Noordhoek, this prime site presents an exceptional opportunity to engage with diverse consumer demographics. Positioned prominently at the intersection of Houmoed Road and Kommetjie Main Road, the location offers unparalleled visibility and accessibility.
Fronting onto Kommetjie Road, this property is strategically situated on a heavily trafficked route that serves as the primary thoroughfare to Cape Town for residents of Kommetjie, Scarborough, Ocean View, and a significant portion of Masiphumelele.
According to the Municipal Planning Tribunal’s Executive Summary, an intriguing statistic underscores the potential of this location: "50% of the 'Deep South' population resides on just 7% of the residential land area, [primarily] in Ocean View, Masiphumelele, and Redhill." This highlights a significant and growing demand for affordable housing solutions and a concentrated consumer base eager for commercial and retail services.
Zoning Approvals:
-Mixed Use 2 zoning
-191 Apartments; plus
-4949 sqm commercial
-Favourable parking departures
Please make contact with Mathew for a full brochure and comprehensive details.
