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R22,864,000

59 Sandown Road

Retail & Office Opportunities (zoned General Business GB1)

The Rivergate Commercial Precinct occupies a prime location at the northeast gateway of one of Western Cape's fastest-growing areas, encompassing several suburbs.
Situated along the recently expanded Sandown Road, the precinct offers exceptional opportunities for developing multi-story buildings for office and retail purposes, including shops, supermarkets, and financial institutions.

It benefits from excellent visibility due to its frontage on Sandown Road and is fully serviced with necessary infrastructure in place.

The precinct is managed by the Rivergate Commercial Precinct Property Owners Association, ensuring orderly development according to established guidelines. Additionally, the site includes VAT, electricity bulk capacity, and a contribution levy, with a 4-year construction timeline.

For more information, contact Dave Macleod-Elliott.

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Land Size
14,656m²

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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

324,736.16

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