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R2,850,000

Excellent Commercial/Residential Development Opportunity.

Officially rezoned to Business Zone 1! Fantastic opportunity for new commercial development in the highly popular Oostewal Road, Langebaan.
Ideally located, the property is in close proximity to a number of offices, apartments, shops, and other business developments, including the famous Bree Street. Its close proximity to the beach and other amenities make it ideal for commercial and residential use. Become a part of the ever-expanding commercial epicentre of Langebaan!
An Architect’s design proposal has already been approved by the local municipality, and the plans come with the property. A demolition permit has been granted to remove existing lightweight timber structure on-site and erect a new commercial development immediately.
All that is left to do is to develop this property!

The conditions of the development are as follows:
- Business Zone 1 allows for Professional Offices and Flats only.
- This erf has been rezoned with the condition of 40% offices and 60% flats, with the possibility of consent to be granted for 100% offices.
- Erf 384 is 862m2, large enough to provide an incredible return-on-investment.
The available approved Architect’s design:
- The proposed design maximises possible development, with 653m2 of offices and apartments. A contemporary, aesthetically pleasing development, whilst prioritising practicality, return-on-investment and affordability of construction.
- A basement parking has been designed with 29x spaces, without having to perform major excavations, using the advantage of the natural slope of the site.
- The proposed design’s apartments are micro-living studio apartments, an increasingly popular space within the property market.
- All offices within the proposed design are flexible and professionally finished.
- One main feature-office provides a more high-end space and creates an instantly-recognisable landmark, distinguishing the development within its surroundings.

Contact me should you wish to see the plans.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
653m²
Land Size
863m²

Middedorp, Langebaan

Langebaan, the picturesque town known as the 'Jewel of the West Coast'. Just off the R27 route, a little more than 100 km north of Cape Town, Langebaan hugs the shores of the 17 km long Langebaan Lagoon, showcasing visitors with vast open landscapes, a fascinating array of fauna and flora, breathtaking azure-blue waters bordered by white sandy beaches and a rich historical heritage.  Langebaan enjoys a...
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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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

35,718.12

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