R 12 000 000 | 1 bed property for sale in waves edge

Property Description

Located in the vibrant coastal enclave of Waves Edge, this 1004sqm GR3 zoned property at 17 Athens Road offers an outstanding opportunity for visionary developers. Just a stone’s throw from the beach and conveniently positioned off Blaauwberg Road, one of Blouberg’s key access routes, this property is perfectly situated for a high-return residential or mixed-use development. With generous land size and GR3 zoning, the site supports increased dwelling density, making it ideal for contemporary apartments, upmarket townhouses, or a boutique coastal complex. The area continues to see strong demand from both residents and investors thanks to its unbeatable blend of seaside living, urban convenience, and easy access to transport and amenities. Whether you’re looking to build for resale or long-term rental income, this prime Waves Edge address offers the potential to capitalise on Cape Town’s flourishing West Coast market. A location like this doesn’t come around often — secure this development gem today.


Property Details

Purchase Price R 12 000 000

Building Size1004 m2

Price Per SQMR 11952 m2

Type of PropertyHouse

Monthly Rates1600

Land Size1004 m2

Last Updated28 May 2025

Rooms

Study1

Flatlet1

Kitchen1

Bedrooms1

Bathrooms1

Reception Rooms

Lounges1

Dining Room1

External Features

Patio1

Garages1

Carports1

Property Location

Similar Property in nearby suburbs

Agent

Paul Labuschagne

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