R2,150,000

Vacant Land Commercial in Sunset Glen

IDEAL FOR SHOPS WITH FLATS ABOVE

Large development land, General Business Zone 4, For Sale in Blue Downs, adjacent to Fountainhead development, the land is located on the corner of Fountainhead Avenue and London Way in Blue Downs. Ideally positioned on the main access route to the surrounding newly developed residential area, comprising 1450 homes, with a further 173 about to be constructed.

Proposed land use: Neighbourhood Convenience Stores or Shops on Ground Floor with Flats on top. Bulk: 3 - around 1000-1200 Gross Letting Area (GLA) can be achieved with 4 parkings for each 100m2 GLA. TERMS: Deposit - 1% of sales price on signature of Offer to Purchase which will stipulate the conditions of sale.

Fountainhead development will house a total of 598 families when complete. The final phase of 150 units has sold out.

Fountainhead is in close proximity to: Blue Downs Shopping centre, Blackheath and Melton Rose Train Stations, Blue Downs Stadium, Blue Downs Indoor heated swimming pool, Blue Downs Clinic, Magistrates Court, Mfuleni Police Station, Malibu Secondary School, Blue Downs Primary School, Malibu Clinic, Nyameko Primary School, Mfuleni High School, Blackheath Industrial Hub, Churches, Tuscany Glen Mosque, Fountain Village Mosque.

The seller is VAT registered, so the purchase price will have VAT added.

Property Type
Vacant Land Commercial
Stand Size
3,062m²
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property listed on 04 Apr 2018