6,326m² Building For Sale in Lansdowne

Prime Mixed-Use Redevelopment Opportunity – Lansdowne, Cape Town

Price: R38 000 000
Erf Size: 6,326 m²
Zoning: Mixed Use
Type: Former Hotel | Redevelopment Opportunity
Zoning: GR4

Overview:

This high-exposure corner site, spanning 6,326 m², was formerly a hotel and offers a strategic canvas for investors and developers looking to capitalise on a vibrant, well-connected location.

Boasting prime visibility, ample on-site infrastructure, and access to key transport corridors, the property is perfectly suited for a variety of development configurations.

Key Features:

50 Existing Rooms

48 x 1-Bedroom Units (mix of en-suite and shared facilities)

2 x 2-Bedroom Units – ideal for family/group accommodation

Communal Facilities

Large shared kitchens and spacious dining halls

Expansive common areas suited for events, markets, or future service offerings

Secure Parking

Over 50 on-site parking bays, with additional street parking available

Redevelopment Potential:

With flexible mixed-use zoning and generous erf size, the site is ideal for a variety of high-yield redevelopment options, including:

Boutique retail or convenience supermarket

Medical or wellness centre

Student accommodation or long-stay residential suites

Co-working spaces, cafés, or restaurants

Multipurpose event venue

Mixed-use residential/retail with podium parking

Strategic Location Advantages:

Situated on the Lansdowne MyCiTi Bus Corridor

Direct access to Jan Smuts Drive, linking to the N2 and M5

Walking distance to schools, retail centres, and community amenities

High daily foot traffic and vehicle exposure – ideal for commercial tenants

Investment Highlights:

Excellent location for urban regeneration and potential eligibility for City of Cape Town incentives

Strong demand for affordable housing and student accommodation in the area

Scope for feasibility studies on residential-retail mix or multi-storey development with podium parking

Solid infrastructure in place to support a cost-effective transformation

For Sale | Redevelopment Opportunity

Whether you’re an investor seeking long-term returns or a developer looking for your next transformative project, this Lansdowne property offers an exceptional opportunity to reshape a prime site in one of Cape Town’s most dynamic urban zones.