Commercial development opportunity located in the commercial node of Eersterivier. The size of the vacant land is 6,451m2 and is adjacent to an existing commercial retail centre. Please note the selling price is EXCLUDING VAT. The land is rectangular in shape and is ideal for commercial retail development. The cost of earthworks and construction should be reduced as the land is fairly level, with several access points. Eersterivier is centrally located: • Situated next to main arterial route between Somerset West and Cape Town: • There are four access roads in and out of the area with high traffic volumes and high pedestrian traffic. • Easy access to public transport at Eersterivier train station and taxi rank which ensures affordable public transport options. City of Cape Town future development plan - forms part of the Eersterivier retail node with high retail capacity demand in Eersterivier CBD area. • Potential customer access from Eersterivier, Penhill, Bluedowns and Khayelitsha residential areas. • Area is earmarked for high-density residential living development. • Roads and infrastructure development completed. • Limited land available for retail development in the area.
Sign-up and receive Property Email Alerts of Vacant Land for sale in Penhill, Eersterivier.
Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff 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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.