R5,150,000

Vacant Land Commercial for sale in Maroelana

DEVELOPMENT OPPORTUNITY IN MAROELANA, PRETORIA

EXCLUSIVE MANDATE

GENERAL: PCP (Proof of Compliance Package) Process explanation (Set of Conditions before Promulgation):

Once the reports from all departments within the council are received and deemed to be “positive”, including any tribunal hearing report, the PCP process (2-3 months) can start:

1. Bulk Contributions become payable. As well

as any service upgrades if applicable.

2. Once paid and constructed, a certificate is

received as confirmation.

3. Proclamation notice is published in

Government Gazette.

4. Proclamation (3 weeks after notice is

placed).

5. Zoning Certificate is obtained 14 days

later.

6. Architect submit final SDP and designs for

approval (1-3 months).

7. Construction to start.

  • Tribunal was held on 13 February to oppose

the objectors.

  • An Attorney was appointed for this process

and the feedback after the hearing was good.

  • Now awaiting formal results from the

council. The Council has 60 days after the

date of the Tribunal to deliver the verdict

but Covid-19 delayed this process somewhat.

  • All other commentary was positive.
  • PCP process can follow thereafter (2-3

months). Project summary:

  • 11 Units (1 bed x 4, 2 bed x 5 and 3 bed x

2). Sectional title.

  • Total unit squares including guard house:

1298m².

Property Type
Vacant Land Commercial
Stand Size
1,983m²
Address
11 Nuwe Hoop Street
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vacant land commercial listed on 14 Jul 2020