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FAERIE GLEN | QUEBEC STREET | PRETORIA

R 6,900,000

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1 year ago686 views
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FAERIE GLEN | 3,701 SQUARE METER VACANT LAND FOR SALE FOR COMMERCIAL DEVELOPMENT | QUEBEC STREET | PRETORIA

This immaculate 3,701 square meter vacant land is for sale for commercial development, ideally situated on Quebec Street, Faerie Glen, Pretoria. Faerie Glen is a well established commercial hub based in the east of Pretoria. The suburb is home to a various up market commercial developments, providing a scenic environment with beautiful landscaping and matured trees.

The premises comprised out of rezoned consolidated erven zoned for office usage such as clerical, administrative, management and consulting services. Additionally, medical and dental consultation rooms are included in the usage, making the property ideal for a medical centre. The property is currently fully walled, complete with 2 separate entrances to the 2 residential houses currently situated on the property. Property allows for coverage of 40% with a height limit of 2 storeys. Parking ratio for office usage is 4 per 100 square meters and for medical usage 6 per 100 square meters.

The property is situated within close proximity of various amenities and commodities located within the area including Faerie Glen Life Hospital as well as Atterbury Boulevard, Atterbury value mart, Menlyn Maine Precinct and Puma Fuel Station. The property is centrally located providing a great travel experience to surrounding suburbs via a network of main routes ad highways including the N1 Highway, Atterbury Road, Glenwood Road and January Masilela Road.

- Commercial land for development.
- Rezoned consolidated erven
- Houses situated on erven
- Zoned for office use or medical rooms
- FAR 0.4
- Coverage 40%
- Height limit 2 storeys

Property Reference #: CL111780

Agent Details:
Julindi Coetzer
OfficePlace
Southdowns Office Park, Block D
Ground Floor, Suite 6 & 7
22 Karree Street
Irene
Centurion

Id Subtitle 1283046215
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Estimated monthly repaymentR 70,051
Total property loan amountR 6,900,000
Total interestR 9,912,192
Total repaymentR 16,812,192
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