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R52,000,000

21A Main Road

Prime redevelopment opportunity available in Observatory, Cape Town

Introducing an incredible redevelopment opportunity in Observatory,Cape Town. With a total site area of 2,354 m2, this prime location is perfect for ambitious investors and entrepreneurs looking to develop student accommodation. Erf 25787 offers 220 m2 of space, while Erf 25889 boasts a generous 2,134 m2. Combined, these two parcels create a remarkable opportunity to shape your vision and create something extraordinary.

Situated in a General Business (GB5) zone, this redevelopment allows for endless possibilities. The site permits 100% coverage, giving you the freedom to maximize the use of the available space. With a height allowance of 25m, you have the potential to build a stunning architectural masterpiece that will stand tall and capture attention.

The floor factor of 4 ensures efficient utilization of space, while the maximum permissible bulk of 9,416 m2 provides ample room for growth and expansion. Imagine the endless opportunities for commercial or mixed-use development, allowing you to create a thriving hub of activity and prosperity.

Contact Charles Leedo for information.

Features

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0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Power Amps
60
Exterior
Security
Yes
Sizes
Floor Size
2,353m²

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Disclaimer: While every effort will be made to ensure that the information contained within the Rawson Commercial Cape Metropole - Blouberg Franchise website is accurate and up to date, Rawson Commercial Cape Metropole - Blouberg Franchise 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.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

738,553.19

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