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Commercial / Retail Land for sale in Rivergate – 8665sqm available - PRIME location with excellen...
R 16,376,850
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General Details
Location:
For Sale By:Agency
Description
Commercial / Retail Land for sale in Rivergate. Rivergate is a growing Industrial and Commercial suburb located 1km from the N7 highway. The area grows on the success of the surrounding suburbs with ever-expanding and exceptional schooling, a private University, shopping districts, and leisure destinations for residents.
Rivergate is located on the picturesque Western Seaboard, between the N7 and the West Coast Road, west of Wood Drive and north of Sandown Road. The location means that it can quickly and conveniently connect residents to key destinations in Cape Town, including the Cape Town International Airport, the winelands and the Cape Town International Convention Centre.
The properties details are as follows:
• ERF: Erf 1281 ptn 2 (GB1)
• Land size: 8665sqm
• Cost: R1890 per/sqm (R16376850 inclusive of VAT)
• Bulk: 33.33% - Meaning you can build a retail / commercial facility up to approximately 2888sqm on the land.
• Area: 1084 residential plots, including 587 in phases 1 A-D and 497 available in phases 5 & 6, as well as 15 General Business plots and 12 General Residential plots, Sandown offers a diverse and vibrant community.
Feel free to contact me if you would like to receive further details or would like to arrange a viewing.
Redline Property is a family owned Boutique Property Brokerage representing the Top 50 landlords and property owners throughout South Africa. Specialising in rentals, sales and management of industrial & commercial properties.
At Redline Property Group we believe in being transparent in all our property dealings and understand the importance of sourcing the perfect space for your company. We take pride in our relationships that have been created over the past 10 years between clients and landlords.
Our team is always thriving toward a Win/Win scenario, whereby we have, a happy client, a happy landlord, and a happy broker.
Get in touch today and let us assist you in finding the right space to rent in Rivergate or other areas across the Western Cape.
Property Reference #: 224
Agent Details:
Admin - Redline Property Group
Redline Property Group
250 Albert Road, Woodstock, Cape Town, South Africa, 7925
Rivergate is located on the picturesque Western Seaboard, between the N7 and the West Coast Road, west of Wood Drive and north of Sandown Road. The location means that it can quickly and conveniently connect residents to key destinations in Cape Town, including the Cape Town International Airport, the winelands and the Cape Town International Convention Centre.
The properties details are as follows:
• ERF: Erf 1281 ptn 2 (GB1)
• Land size: 8665sqm
• Cost: R1890 per/sqm (R16376850 inclusive of VAT)
• Bulk: 33.33% - Meaning you can build a retail / commercial facility up to approximately 2888sqm on the land.
• Area: 1084 residential plots, including 587 in phases 1 A-D and 497 available in phases 5 & 6, as well as 15 General Business plots and 12 General Residential plots, Sandown offers a diverse and vibrant community.
Feel free to contact me if you would like to receive further details or would like to arrange a viewing.
Redline Property is a family owned Boutique Property Brokerage representing the Top 50 landlords and property owners throughout South Africa. Specialising in rentals, sales and management of industrial & commercial properties.
At Redline Property Group we believe in being transparent in all our property dealings and understand the importance of sourcing the perfect space for your company. We take pride in our relationships that have been created over the past 10 years between clients and landlords.
Our team is always thriving toward a Win/Win scenario, whereby we have, a happy client, a happy landlord, and a happy broker.
Get in touch today and let us assist you in finding the right space to rent in Rivergate or other areas across the Western Cape.
Property Reference #: 224
Agent Details:
Admin - Redline Property Group
Redline Property Group
250 Albert Road, Woodstock, Cape Town, South Africa, 7925
Id Subtitle 1300485714
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Estimated monthly repaymentR 177,478
Total property loan amountR 16,376,850
Total interestR 26,217,650
Total repaymentR 42,594,500
Interest rate at 11.75% for 20 years *
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Redline Property Group
Selling for 3+ months
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