R 7 995 000 | 3 bed property for sale in strand north

. This exceptional investment and development property on the Strand Golden Mile boasts an unrivalled location directly opposite Melk Baai Beach, renowned for its scenic beauty and appeal. As one of the few remaining properties in this prestigious area, it presents a rare development opportunity, with General Residential 5 (GR5) zoning that allows for a commercial ground floor and residential units above. This zoning supports a structure up to five stories high, offering ample flexibility for a mixed-use design that can maximize both business potential and seaside living. Currently, the property includes a three-bedroom, two-bathroom house featuring an open-plan living and dining area, a spacious kitchen, a study, and a single garage. However, the true potential of this property lies in a multi-story development that would optimize the sweeping views over Melk Baai Beach and beyond. For investors or developers, this location offers the ideal canvas for creating an iconic building on one of the last available plots in this sought-after location. Don’t hesitate and contact us today to arrange a private viewing