2326 M² Vacant Land for a Church/Religious Institution.

R 1,850,000

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1 month ago110 views
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General Details
For Sale By:Agency
Description
This Community Zone 1: LoCAL (CO1), plot is for sale and awaits you to become the new owner.
1“Community zones are intended for social uses directed at community needs, such as educational, religious, welfare or
health services. Community buildings are important social and urban design focal points, and prominent architectural
forms should be encouraged. There are two community zones, with CO1 serving predominantly local community
needs, and CO2, which caters for a wider community and potentially a greater intensity of development.”

CITY OF CAPE TOWN ZONING SCHEME REGULATIONS

2 “Purpose
The CO1 zone provides for local educational, worship and health needs as primary uses, but allowance is also made
for Council to approve other community needs which may have a greater impact.”
2 CITY OF CAPE TOWN ZONING SCHEME REGULATIONS

Property Reference #: CCH553

Agent Details:
Jonathan Jacobs
CCH (Cape Coastal Homes / City Country Homes)
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130

Id Subtitle 1269971392
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No. of years
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Estimated monthly repaymentR 20,049
Total property loan amountR 1,850,000
Total interestR 2,961,660
Total repaymentR 4,811,660
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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CCH (Cape Coastal Homes / City Country Homes)
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