1,958m≤ @ R8,347 500 Waterfall Street, Mount Pleasant, Simon's TownThis corner property has been rezoned and there are fully-approved building plans for a development of 25 apartments, with 37 parking bays (of which 16 are in a semi-basement) and 25 storerooms. Upper levels will have appealing views of the bay, mountainside and waterfall. A preliminary artistís rendering of the proposed building is included.The registered property-owner is a VAT-registered SPV, untraded except in regard to the development of the property, and its current shareholders may be willing to dispose of the company rather than transferring the property, if that is of interest to any potential purchaser.The charming seaside village of Simonís Town in False Bay affords visitors and residents a welcome refuge, with strong ties to naval and maritime history, Simonís Town property is favoured by retirees, families and local and international visitors. Quaint street side shops that line the main road with the beaches, like Boulders and Seaforth, being the real draw card. The medi clinic and new schools is a huge benefit to itís popularity and increasing retail outlets adding to the growth. The Simon's Town Waterfront Centre has all the sophistication that you can hope for, while still maintaining the townís seaside atmosphere. A variety of speciality shops, with a range of products, are within easy reach of the hotel and the town is rapidly gaining a reputation as the culinary capital on the Cape Point Route.