Industrial Development in Durbanville
This niche Industrial node in the heart of the Northern Suburbs is currently one of the quickest growing areas in its close vicinity with property rentals rising with ± 25% and a vacancy rate of less than 10% with current rental achieving up to R54.50/m².
Benefits of purchasing in this new development are:
- Fixing a land price for a future development
- Likelihood of realizing a profit by date of transfer
- Building plans can be completed for council submission prior to transfer
- Tenants can be secured prior to transfer
Features
The plots range from ±800m² to ±2,600m² and starting at R1,150,000.00 plus VAT (sizes of up to 9,384m² are currently obtainable by means of consolidating several erven).
- Zoned General Industrial 1
- The civil work on the land will start early 2018 and the land will be serviced as soon as 60% pre-sales have been obtained with transfer estimated to be mid- to end of 2018, depending on the rate of pre-sales.
Downloads
API Leaflet | 905.8 KB | Download |
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Disclaimer: All amounts exclude VAT and while every effort will be made to ensure that the information contained within the API Property Group website is accurate and up to date, API 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.