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2046² Vacant Land for Business Purposes.
R 4,000,000
Can I afford this?9 Photo(s)
1 month ago76 views
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General Details
Location:
For Sale By:Agency
Description
This Local Business Zone 2: (LB2), plot is for sale and awaits you to become the new owner. The site is ready for development and approvals are in place. The location is surrounded by 450 newly built houses and other established suburbs and infrastructure. More phases of development are planned.
1“The LB2 zone provides for low-intensity commercial and mixed-use development which serves local needs for
convenience goods and personal services. Limitations are placed on the scale of such development so that it is
capable of integration into the adjacent residential neighbourhood without adversely affecting the amenity of the
neighbourhood.”
Copied from: CITY OF CAPE TOWN ZONING SCHEME REGULATIONS
2 “Purpose
The following use restrictions apply to property in this zone:
(a) Primary uses are shop, office, dwelling house, second dwelling, boarding house, bed and breakfast
establishment, flats, place of instruction, place of worship, institution, clinic, guest house, service trade,
utility service, rooftop base telecommunication station, private road and open space.
(b) Consent uses are place of assembly, informal trading, restaurant, sale of alcoholic beverages, place of
entertainment, adult shop, business premises, supermarket, plant nursery, hotel, conference facility,
motor repair garage, service station, authority use, freestanding base telecommunication station, wind
turbine infrastructure transport use and multiple parking garage.”
2 Copied from: CITY OF CAPE TOWN ZONING SCHEME REGULATIONS
Property Reference #: CCH683
Agent Details:
Jonathan Jacobs
Cape Coastal Homes
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130
1“The LB2 zone provides for low-intensity commercial and mixed-use development which serves local needs for
convenience goods and personal services. Limitations are placed on the scale of such development so that it is
capable of integration into the adjacent residential neighbourhood without adversely affecting the amenity of the
neighbourhood.”
Copied from: CITY OF CAPE TOWN ZONING SCHEME REGULATIONS
2 “Purpose
The following use restrictions apply to property in this zone:
(a) Primary uses are shop, office, dwelling house, second dwelling, boarding house, bed and breakfast
establishment, flats, place of instruction, place of worship, institution, clinic, guest house, service trade,
utility service, rooftop base telecommunication station, private road and open space.
(b) Consent uses are place of assembly, informal trading, restaurant, sale of alcoholic beverages, place of
entertainment, adult shop, business premises, supermarket, plant nursery, hotel, conference facility,
motor repair garage, service station, authority use, freestanding base telecommunication station, wind
turbine infrastructure transport use and multiple parking garage.”
2 Copied from: CITY OF CAPE TOWN ZONING SCHEME REGULATIONS
Property Reference #: CCH683
Agent Details:
Jonathan Jacobs
Cape Coastal Homes
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130
Id Subtitle 1269328676
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Estimated monthly repaymentR 43,349
Total property loan amountR 4,000,000
Total interestR 6,403,588
Total repaymentR 10,403,588
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Cape Coastal Homes
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