LAND USE CONSULTANT IN SOUTH AFRICA

LAND USE CONSULTANT SPECIALIST Rezoning – Sub-Dividing –Sectional Title Share Block Schemes Are you considering to raise Capital from your unused land? I may be able to help you Subdividing Vacant plots in the Southern Suburbs are in high demand and can fetch around R1,800 per/sqm or more in a suburb like Constantia whilst in a more densely suburb like Lakeside, prices can be high as R 3,000 per/sqm. The closer to the CBD, the more demand and hence a higher asking price. To accommodate planning requirements, a subdivided plot should not be less than 250 to 300 sq/m. Rezoning Depending on the guidelines, it may be possible to have the ‘use’ of the dwelling rezoned for another purpose or function such as commercial, medical or legal use. Share Block This is simpler and consequently less expensive than setting up a Sectional Title Scheme, but which allows for multiple ownership of a common immovable property. Example could be where a property owner wanting to downsize his/her business could sell-off the unused portions. However there are limitations. A Share Block Scheme can be converted to Sectional Title later. Sectional Title It is possible to convert a building to a Sectional Title after original development in a case where capital can be acquired by selling off unwanted units, with each having own section numbers Mike. E-mail: easylawsa@gmail.com Southern Suburbs Only