Vacant Land Commercial For Sale - R 8,925,000

Ref # 1423667 : Pretorius Park , Pretoria , Gauteng

Priced to go: ONLY R8925 MILLION WAS R12 MILLION

1)Use Zone: Residential

2)Uses permitted: Duplex Dwelling and Dwelling units - Units 72

3)Height: 3 Storeys

4)Floor Space Ratio: Not Applicable

Owner will proclaim the township in 6-8 months.

STATUS QUO REPORT:

The approval, more specifically the Conditions of Establishment, contain certain conditions that must still be complied with by the owner to obtain the Section 101 certificate and ultimately proclaim the township.

The proclamation actions entails the following:

Registration of General Plan by the Land Surveyor;

Submission and approval of the Section 125 amendment scheme;

Conclusion of engineering services agreement by the engineer (electrical and civil);

Payment of the bulk services contribution and delivery of guarantees;

Procurement of Section 101 Certificate;

Opening of Township Register by conveyancer;

Proclamation of township.

The property is situated in the hub of Pretoria East where a mega city is being built.Buyer can negotiate the price if he is willing to proclaim the Township himself.


Property Details

  • Property Type Vacant Land Commercial
  • Building Size
  • Stand Size 9,291m²
  • Rates & Taxes ± 0
  • Levy ± 0

James Van der Wal

0832275429


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