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10000m2
Commercial Property in Tyger Valley For Sale
6 FOUNTAIN ROAD. TYGERVALLEY ~ REDUCED: R 60 MILLION excl VAT
10000m2
Commercial Property in Tyger Valley For Sale
6 FOUNTAIN ROAD. TYGERVALLEY ~ REDUCED: R 60 MILLION excl VAT
Features
- Parking 10
Description
An EXCELLENT investment opportunity to develop this site containing a multiple bucket of rights.
? Land Size: 10,000m2
? Bulk allocation: 30,000m2
? Price per bulk m2: R2 000.00
? Zoning: General Business Subzone GB5 – can be rezoned to GB7
? Access: 3 access points.
Property details:
On receipt of a signed NDA, additional information can be shared:-
? Copy of the Title deed number
? Copy of independent valuation reports.
Development parameters:
? Maximum floor space (bulk) of 30,000m2
? GLA of 25,500m2
? Coverage 100%
? Height: As per SDP (with 60m permissible)
? Street building line: 0,0m up to 38,0m. Height & ½ (H-38m) above 38,0m; 8m street centreline setback (services servitudes along Carl Cronje)
? Common building line: 0,0m
? Parking: 4 bays / 100m2 floor space for office; 6 bays / 100m2 floor space for shops; ratios according to user requirements in DMS.
? Servitude Right of Way for left-in left-out access from Carl Cronje has been negotiated and
? approved by the City, which provides a major benefit to the site.
? Services and road servitudes to be implemented
? Site development (SDP) and landscaping plans to be finalized.
? Subdivision and additional land use applications according to Cape Town Zoning Bylaw
? requirements.
Permissible Primary Uses:
Business, apartments with ground floor retail, second dwelling, warehouse with retail and offices, apartments, place of education, place of worship, hospital, place of assembly, place of entertainment, hotel, conference facility, service trade, authority use, utility service, rooftop base telecommunication station, multiple parking garage, private road, open space, veterinary practice, and filming.
Consent use:
Expo centre, motor repair garage, warehouse, freestanding base telecommunication station, wind turbine infrastructure, transport use, helicopter landing pad and service station.
To arrange a viewing, contact BIBI BEST, a representative of Real Estate Power CC T/A RE/MAX Premier, a franchise of RE/MAX SA. Each office is independently owned and operated.
Monthly Costs
Calculated over 20 years at % with no deposit.
| Bond Payments | R |
Property Details
| Web Ref | RXDF-4365 |
| Property Type | Commercial Property |
| Erf Size | 10000m2 |
Contact Agent
Bibi Best
Full Status Property Practitioner
RE/MAX Premier (Claremont)
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R60 000 000
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