7,000m² Small Holding For Sale in Lilyvale S H
R6,500,000
Web Ref No CL6697
Prime location earmarked for Residential Development
This location of 6.9 ha is situated in an upper-class, well-developed area in the northern suburbs. The land is earmarked for residential development, although the new owner will have to do the re-zoning. However, the land sells at an excellent price of R937 450.00 /ha.
Other than this fantastic development opportunity, there is a modern building located on the southern border of the land offering generous office accommodation and a walk-in safe. There is also a studio with its own entrance which can be let out separately. In addition, there are 22 secured, covered parking areas plus two storerooms and a third room which serves as a fireproof archive. A fourth room is currently used as staff quarters.
There is a generator which is sufficient for the whole building - although it is not included in the price, but can be negotiated separately. The same applies to items of furniture, e.g. a conference table and chairs seating 12, with 6 additional chairs.
The current owner is willing to rent part of the office space at a negotiated term, or will vacate at the time agreed with the new owner. Either way, the office building can generate an income until re-zoning has taken place or until ready for the development phase.
The price is exclusive of VAT and is best suited for sale to a going concern, thereby resulting in a zero rate of tax.
Other than this fantastic development opportunity, there is a modern building located on the southern border of the land offering generous office accommodation and a walk-in safe. There is also a studio with its own entrance which can be let out separately. In addition, there are 22 secured, covered parking areas plus two storerooms and a third room which serves as a fireproof archive. A fourth room is currently used as staff quarters.
There is a generator which is sufficient for the whole building - although it is not included in the price, but can be negotiated separately. The same applies to items of furniture, e.g. a conference table and chairs seating 12, with 6 additional chairs.
The current owner is willing to rent part of the office space at a negotiated term, or will vacate at the time agreed with the new owner. Either way, the office building can generate an income until re-zoning has taken place or until ready for the development phase.
The price is exclusive of VAT and is best suited for sale to a going concern, thereby resulting in a zero rate of tax.
Features
Zoning Agricultural
Floor Size 528m²
Land Size 7,000m²
Floor Size 528m²
Land Size 7,000m²
Broker Contact Details
Johann Du Plessis
Principal Property Practitioner
Registered with PPRA
(FFC 202 322 197 3)
Cell 082 8209 219
Office (051) 4304790
WhatsApp Me
Principal Property Practitioner
Registered with PPRA
(FFC 202 322 197 3)
Cell 082 8209 219
Office (051) 4304790
WhatsApp Me
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