R15,000,000
R15,000,000
Monthly Bond Repayment R157,388.40
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
R1,700
High Visibility Commercial Site
This property is located on the corner of Baden Powell Drive and Old Faure Road in Eersterivier.
The site is 4 068m² and has excellent branding visibility being situated at the main crossroads with no other structures in front.
The land adjoins Sanbury Square shopping centre, currently being extensively redeveloped and refurbished – to become the new Wijnland Junction, which is strategically located in Somerset and catering to customers from Stellenbosch, Eerste Rivier, Blue Downs, and Macassar. The extensive Cape Town Film Studios are located just 2kms away.
The expansion adds 7,500m² of retail space to the existing 6,500m² centre, featuring a new Shoprite as the anchor tenant, alongside Clicks, Pick n Pay, Tiger Wheel, KFC, and an Astron filling station.
The purchaser would be responsible for rezoning and access servitude application and no adverse report has been received to indicate applications for these would be refused as the adjoining land has all been zoned commercial. The site is suitable for a hotel, apartments, self-storage facility etc.
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