Prime Mixed-Use Development Opportunity in Lansdowne

Prime Mixed-Use Development Opportunity in Lansdowne

Secure a landmark 6,326 m2 mixed-use site, formerly a hotel, with endless possibilities for retail, medical, hospitality, student living, dining and more. Positioned on a major MyCiTi bus route, this property is a canvas for visionary DEVELOPERS looking to transform the heart of Lansdowne.

Key Details

• Price: R38,000 000.00 excluding transfer fees. (Seller not VAT registered)
• Commission to be paid by the buyer
• Sold voetstoots
• CoC’s to be done by the buyer
• Sold without vacant occupation
• Zoning: Mixed Use
• Land size: 6,326 m2

Property Overview

A former hotel structure awaits reinvention. Its robust footprint and established services infrastructure allow for rapid conversion into:

• A boutique shopping centre or supermarket
• A medical clinic or wellness centre
• Student accommodation or long-stay suites
• Restaurants, cafés, or co-working spaces
• Huge yard and parking for 50 vehicles
• Its prime corner position and direct access to the MyCiTi route ensure high foot traffic and excellent visibility.

Existing Accommodation

The building currently offers 50 rooms, configurable to suit diverse uses:

• En-suite rooms with private bathrooms
• Standard rooms sharing communal bathrooms
• Three larger units for families or group stays

oThese can be reimagined as short-stay suites, student pods, or flexible office pods.

oShared Facilities & Ancillary Space

Developers will benefit from in-place support facilities:

oCommunal kitchens suitable for food courts or catering hubs

oSpacious dining halls adaptable to events or pop-up markets

oSecure yard plus additional street parking for over 50 vehicles

oThe site’s layout lends itself to retail frontages, alfresco dining courtyards, or landscaped public plazas

oMosque construction

Location & Connectivity

• Directly on Lansdowne’s MyCiTi bus corridor
• Moments from Jan Smuts Drive, linking to the N2 and M5
• Within walking distance of schools, community centres, and retail nodes
• This connectivity maximises catchment for retail tenants, medical patients, and students alike.

Additional Insights You Might Consider

• Municipal Incentives: Explore Cape Town’s urban regeneration grants for mixed-use and affordable housing projects.
• Conceptual Schemes: Commission feasibility studies on retail-to-residential ratios or podium parking to boost yield.

Eager to delve deeper into Lansdowne’s market dynamics or sketch out a master plan? Let’s explore how to maximise value and impact on this landmark site.

Contact Bibi Best to arrange a confidential site tour, discuss zoning amendments, or review preliminary concept plans. Serious developers are invited to submit expressions of interest.

Bibi Best is a representative of Real Estate Power CC, trading as REAL REALTY