REDEVELOPMENT OPPORTUNITY | FRESNAYE | SINGLE RESIDENTIAL ONE
The opportunity comprises a 425sqm portion of Erf 38, a 929sqm SR1-zoned erf in Fresnaye. The portion includes an existing structure that will require renovation or redevelopment. SR1 zoning on an erf of this size permits a second dwelling by right, making this a straightforward development opportunity in a suburb where developable land of this nature rarely comes to market.
Fresnaye sits on the slopes of Lion's Head, sheltered from the South Easter and within easy reach of Sea Point, Clifton, and the V&A Waterfront. The suburb is geographically constrained — bounded by mountain and coastline — and new stock seldom comes to market. Average prices have risen 74% over five years, more than half of all freehold sales now transact above R20 million, and total sales value in 2025 exceeded the full prior year by a meaningful margin. It is one of the most consistently sought-after addresses in the country, with demand that continues to outpace supply.
Fresnaye sits on the slopes of Lion's Head, sheltered from the South Easter and within easy reach of Sea Point, Clifton, and the V&A Waterfront. The suburb is geographically constrained — bounded by mountain and coastline — and new stock seldom comes to market. Average prices have risen 74% over five years, more than half of all freehold sales now transact above R20 million, and total sales value in 2025 exceeded the full prior year by a meaningful margin. It is one of the most consistently sought-after addresses in the country, with demand that continues to outpace supply.
Features
Interior
Exterior
Sizes
Listing Info
Fresnaye, Cape Town
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Port Commercial Properties website is accurate and up to date, Port Commercial Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
