R646,000
R646,000
Monthly Bond Repayment R6,889.14
Calculated over 20 years at 11.5% with no deposit.
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Prime 4047 m² Industrial Vacant Stand
Presenting a prime 4047 square meter vacant industrial stand, strategically positioned on a prominent main road in the bustling industrial hub of Highbury. This high-visibility location offers significant potential for business development and expansion.
Situated on a busy tar road, this stand benefits from substantial traffic flow and high exposure, making it ideal for various industrial uses or commercial ventures. With 4047 square meters of land, the property provides ample space for a wide range of industrial operations or business setups.
Municipal Bylaws: Note that new municipal bylaws mandate dolomite testing before building plans can be approved. This additional requirement may incur extra costs, so it is advisable to include these potential expenses in your budget and planning.
Financing: Banks typically offer up to 60% financing for industrial properties. Consequently, prospective buyers should be prepared to contribute a 40% deposit, in addition to covering bond and transfer fees.
This stand offers a strategic and highly visible location, providing an excellent foundation for your business aspirations in a thriving industrial area. Contact us today for further details or to schedule a viewing.
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
