Industrial Land for sale in Rivergate. The land is situated in a new development called “Pegasus Park”. Pegasus Park is the second security enclave to be launched in Rivergate by the Township Developer. 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, Situated between the R27 West Coast Road and N7 National Road providing convenient access to Cape Town CBD / harbour and CT International Airport. On the MyCiti public transport.

The properties details are as follows:

• ERF: Erf 252 (MU 2)
• Land size: 1104sqm
• Cost: R2043,30 per/sqm (R2 255 803,20 INCL.VAT / DEVELOPMENT CONTRIBUTION LEVIES, SHARED NETWORK COSTS & PORTION OF WALLING - IF APPLICABLE)
• Bulk: 65% - Meaning you can build a facility up to approximately 718sqm 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.
• Zoning (MU2): MU2 zoning empowers you with the freedom to develop a diverse range of commercial ventures, including:
- Retail Stores & Shopping Centres: Establish a thriving retail hub catering to the surrounding community.
- Showrooms & Warehousing: Designate space for product display and efficient storage solutions.
- Office Complexes & Business Parks: Foster a dynamic work environment for businesses of all sizes.
- Mixed-Use Developments: Craft a vibrant space that seamlessly blends commercial, retail, and residential elements.
• Security: A permeable, electrified security fence with off-site-monitored CCTV cameras has been installed to the perimeter of the enclave. A security response company will provide additional security support.
• Architectural: While a particular architectural theme is not prescribed, architectural coherence is required. The guideline aims to achieve a central design image in terms of consistent use of standardised materials, colours and landscaping, whilst also encouraging design flexibility. All plans are to be submitted to the Review Committee prior to submission to the CoCT.

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 ...

Property Reference #: 232

Agent Details:
Admin - Redline Property Group
Redline Property Group
250 Albert Road, Woodstock, Cape Town, South Africa, 7925