R4,850,000

Vacant Land Commercial for sale in Menlo Park

Commercial Land In Menlo Park

DEVELOPMENT OPPORTUNITY IN MENLO PARK, 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.

  • All objections have been withdrawn.
  • All other commentary was positive.
  • Approval letter received.
  • PCP process can start.
  • Total payable contributions: R772,155

PROJECT SUMMARY:

  • 11 Units (1 bed x 6, 2 bed x 4 and 3 bed x

1). Sectional title.

  • Total unit squares including guard house:

1169m².

  • Stand size: 1927m².
Property Type
Vacant Land Commercial
Stand Size
1,927m²
Building Size
Address
28 Eighteenth Street
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vacant land commercial listed on 14 Jul 2020