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Prime Development Land In Prime Area
updated on May 25, 2026
R 24 000 000

WEB REF: 765710

Property Summary
  • Selling Price R 24 000 000
  • Property Type Vacant land Industrial
  • Erf Size 94219 m2


Description

Accepting Offers. DESCRIPTION: This property is situated along the R312, locally known as Lichtenburg Road, is a 21-kilometer regional route in the Western Cape, South Africa. It connects the northern suburbs of Cape Town to the Winelands region, running from the R302 at Fisantekraal (northeast of Durbanville) to the R44 near Wellington and Paarl. DEVELOPMENT OPPORTUNITY PERMITTED: • Community residential • Apartment building • Community care facility • Dwelling house • Lodging accommodation • Indoor sports • Vehicle sales CONSENT: • Fuel Station • Healthcare facility • Gambling • Special use • Hostel • Hotel CURRENT USE: Tenant 1: • Income – ±R127 659.08 incl Vat, 8% escalation • Warehouse, Truck workshop • Offices, Yard, Toilets Tenant 2: • House, month-to-month lease • Income ±R8 000.00pm, 8% escalation Tenant 3 (Owner closed down): • Wedding venue, pub • Restaurant, gambling machines • Offices, storage, outdoor area • Pool, spit-braai area • 3 Vacant Houses DETAILS: • Farm no: 479-3, Paarl • Farm size: 94219m² DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.

      Property Address

      Klein Drakenstein, Paarl, Western Cape

      Contact Agent(s)

      eMail Agent(s)