Pelican Park, Cape Town

Located on the border of Grassy Park and Lotus River, this larger-than-average erf presents a compelling investment opportunity. The 708-square-metre property offers substantial potential for residential development, renovation, or bespoke home design. With existing structures comprising 2.5 bedrooms and 2 bathrooms, the property requires renovation and modernisation to realise its full potential. The location offers significant advantages for investors and developers. Proximity to public transport, local amenities, and established shopping facilities including Pick n Pay on Schaap Road makes this an ideal site for residential development. Rental demand in the area continues to rise, providing strong investment fundamentals. The suburban setting balances accessibility with residential character, appealing to both owner-occupiers and investment-focused buyers. Key Features 708-square-metre erf with substantial development potential Existing 2.5-bedroom, 2-bathroom structure Fenced property with fibre connectivity available Pet-friendly location Close proximity to public transport and shopping amenities Strategic position for residential investment or development This property represents a rare opportunity for investors, developers, or homeowners seeking freedom to design their ideal residence. The combination of generous land area, convenient location, and development potential creates a strong foundation for value creation. Contact us today to arrange a viewing and explore how this property can meet your investment or lifestyle objectives. PS - some pics maybe AI enhanced