SOLD: Menlyn Area Development land for Sale, Pretoria East – zoning approved for 42 units, with bulks payable

Menlyn Area Development land details:

Attention developers. Zoning approved, bulks now payable.

– 1km from Menlyn Maine

Zoning Approved for:
– 42 residential units
– FAR: 1
– Height: 4 storeys
– Coverage: 55%

Stand size: 2300m²

Bulks now payable:
– Bulks payable by purchaser prior to promulgation and exercise of rights.

Approval and condition documents, as well as market information on what new residential units are selling for in the area are available upon request.

Details of Professional Estate Agent who sold the property:

Christie van Heerden is a Professional Estate Agent with a BCom (Hons) degree and a Professional Practitioner in Real Estate designation. Christie works for CH Professional, and lives in Pretoria East.

SOLD: Approved and fulfilled Township Development Land in Montana.

New Residential Township Establishment development land in Montana – ripe and ready to begin – for sale

All township conditions are already fulfilled. Awaiting Declaration as an approved township and Regulation 16 (7) certificate from COT.

Once 16(7) certificate is received:

– conveyances will open the township register,

– engineering services can be installed, and

– the development of the proposed 180 sectional title units can be proceeded with

Price excludes VAT.

Details of Professional Estate Agent:

Chrisjan van Heerden is a Professional Estate Agent with an MSc Property Studies degree, and an BCom (Hons) Marketing degree. Chrisjan works for CH Professional, and lives in Pretoria East.

Land for sale in Lynnwood Glen, Menlyn Area, Zoning Approved for 97 Residential units and 500m medical suites

Attention developers. Zoning approved, bulks now payable.

– 1km from Menlyn Maine

Zoning Approved for:
– 97 residential units; and
– 500m² offices, medical consulting rooms and veterinary clinic
– FAR: 1.8
– Height: 4 storeys
– Coverage: 60%

Bulks now payable:
– Estimated at R5 215 000 from approval documents. Escalations and exact amounts to be confirmed by purchaser with town planner.
– Bulks payable by purchaser prior to promulgation of rights.

The site consists of 3 adjoining stands, that are to be consolidated. One of the three sellers is VAT registered. The purchaser would have to pay VAT of R990 000, and should then be able to claim back VAT of R990 000 as well as deemed VAT of R1 980 000 – effectively saving almost R2mil on the purchase (Confirm with your accountant if you would qualify for a deemed VAT claim).

Market information on what new residential units are selling for in the area is available upon request.

The Professional Development Estate Agent

Contact the professional development estate agent Chrisjan van Heerden: 0842489757

– MSc Property Studies

– BCom (Hons) Entrepreneurship & Marketing