Commercial/Residential Plots, Strand, Cape Town, Western Cape, South Africa

Ref:11

Status: For Sale Asking Price R 15,000,000 Location: Strand Type: Development Land Living Areas: Beds: Baths: Floor Area: Plot Area: Email us about this listing Tel: + 27 (0)82 737 5460 23 Belmondo, Curlew Way, Somerset Ridge Somerset West Western Cape 7129

STRAND CENTRAL: DEVELOPMENT PROPERTY:
Aerialview: Larger section: R12,500,000
Smaller section: R2,500,000
PLOTS: 1268, 1289, 8477, 11023, 21221 situated half a block from the beach front, corner of Wesley and Church Street and Galloway Plain, STRAND.

ZONING: Business, flats and hotel
BULK: 2,5
COVERAGE: 100%
DEPOSIT: 10% on signing of the contract
TRANSFER: Within 2 months

Purchaser can buy 1268, 1269 and 8477 as an unit at the price of R4million
If one is to utilise 3000square meters for business, the remaining 4300sq m will allow for approximately 80-90 flats between 50 to 75 sq m each without leniency from the Municipality. However, the zoning make provision for a compulsory 20% commercial/retail units.

Excellent developing opportunity for less than 1 million pound!!!
(Note: one further plot could be added for an additional R2.5Million)

For more information, please contact us and we shall gladly forward this to you as soon as possible.

These details are intended as a guide and do not form part of a contract. Buyers should satisfy themselves as to any information contained therein.

Tel: + 27 (0)82 737 5460 | Email: info@seproperties.co.za | Website: http://www.seproperties.co.za