R12,495,000

Vacant Land Commercial for sale in Longdown

Excellent Stand For Development

A sought-after Vacant Business property (Zoned Local Business 2) ready for development!! This vacant stand is one of the last available commercial properties in the Somerset West area. This unique site, bordered on three sides by roads, offers an exceptional passing trade and is on the doorstep of the Vergelegen Medi-Clinic and Arun Place Office complex. The stand is located to the far end of Somerset West Main Road which allows easy access to the N2 highway, Strand and Gordon's Bay. Popular nodes surrounding the property includes the Gants Plaza Industrial area and Heritage Park with the Central Business District of Somerset West a mere one kilometre away. The stand is level and clear of unsightly vegetation and rubble, with an attractive oak tree positioned just off center. The property is not fenced and is not frequented by vagrants.

The property falls within the jurisdiction of the City of Cape Town. This 2 898 m² stand, with its zoning of Local Business 2, offers the following development criteria: Coverage is 75%, Height is 12 meters base to roof top, FAR, FSR is1.0 , Building Lines is 8 meters from center line of street (side and rear as per SDP), Parking Ratio is dependant on usage. Based on the above, the site allows for Primary usages which includes shops, offices, dwelling house, block of flats, place of instruction or worship, institution, clinic, guest house, service trade, utility service etc. The site also allows for Consent usages which includes Place of assembly, restaurant, sale of alcoholic beverages, place of entertainment, business premises, supermarket, plant nursery, hotel, conference facility, motor repair garage, service station, etc. This property is ideal for any retail, medical suites/offices or a variety of uses and offers a not to be missed opportunity for a serious investor to capitalise on this prime location and trafficked intersection.

Property Type
Vacant Land Commercial
Stand Size
2,898m²
Rates & Taxes
R12,762
Address
14 Van Der Stel Street
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The town of Somerset West is not only encircled by striking mountains and hills which are covered in vineyards, but it also enjoys nearby sandy beaches and sparkling ocean landscapes. There is no place like Somerset West when you are looking for a town to enjoy your love of scenic beauty, wine, decadent food, and history in.
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vacant land commercial listed on 06 Nov 2018