Commercial Property for sale in Heidelberg.
R1 688 000.
Transfer duty payable.
Heidelberg is one of 3 towns alongside the N2 Highway in the Hessequa municipal area. The N2 being the main transport conduit across the municipality. Riversdale, the headquarters of the local government 30 km to the east and Albertinia 50 minute drive from Heidelberg.
Hessequa is geographically the largest of seven municipalities in the Garden Route District. The latter's starting point at Witsand 30 minute drive from Heidelberg. The sought after coastal town of Still Bay, currently in a dominant cycle of growth, a hour away from Heidelberg. The rural areas in the Hessequa Municipality experiencing the same trend.
Hessequa has a density of 9 people per square kilometer making it the lowest populated area in the Garden Route district. The local government of Hessequa is characterized by good governance and service delivery with above average employment percentage with subsequent good socio-economic profile.
Heidelberg with a population of approximately 8000 people, (2011 census), a dominant Afrikaans speaking community with its heart in agriculture and tourism, characterized by a safe and secure environment.
The local economy, as in Heidelberg, is build on agriculture. The latter together with forestry and fishing contributing the largest percentage to local GDP representative of the primary sector. The secondary and tertiary sectors contributing the largest overall percentage to the domestic GDP and is represented by manufacturing, construction, business service sector, wholesale and retail trading, transport, storage communication, accommodation and catering amongst others.
The property on offer has an excellent reputation when it is measured against the golden word in real estate, location. This is further complimented by an excellent macro access from the N2 Highway and 160 meter on route with a convenient micro access on street level.
The rectangular shape erf does not disappoint with flat surface and reasonable front-depth ratio considering primary use of light industry. The erf has an excellent convenience and exposure network, opening up an efficient link for goods and service delivery.
The current improvements on the erf consists of approximately 318 square meter gross building area and approximately 285 square meter floor area. The latter consists of two spacious workshops, 118- and 114 square meter respectively. The balance of floor area made up by entrance, rest room without geyser, office and show area. Additional open shed 64, 7 square meter. Three phase electricity on site.
The property is located in a business node characterized by land use for light industry.
The property is being utilized as a motor repair garage since 2003. Apart from the current use, the property, subject to development parameters and restrictions as contained in applicable zoning scheme, allow for reasonable additional and/or alternative use with availability of permissible bulk as measured against legal statutory requirements.
The developable bulk on this property with or without the existing use opens up an acceptable scope of possibilities on this unique property. Serious buyers will have access to relevant information in order to allow for due diligence.
ONLY the immovable property is on offer excluding the business. The tax implication on this sale contribute to the payment of transfer duty. If the purchaser is VAT registered and start an enterprise on the property, the possibility of claiming back 15% on the asking price exists.
Included in the sale is a lift and compressor.
Any moveable items as seen in this marketing material are excluded.
Serious buyers are welcome to contact for any further information.