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Guide to Commercial Stands in Greater Johannesburg Commercial stands in Greater Johannesburg is defined as any land suitable for commercial, as opposed to residential, development in Greater Johannesburg. We should note that a plot of land up for sale is classified as commercial solely by the discretion of the seller, and not all land offered in Greater Johannesburg as commercial land may necessarily be suitable for commercial development. While in most cases the seller and the market will agree on what is commercial and what isn't, now and then the lot offered as commercial may be less suitable for commercial than for some other type of development.Criteria for Commercial Stands in Greater Johannesburg The price commanded by land classified as commercial tends to be higher than the average residential lot in Greater Johannesburg. This is because the bar is set higher for commercial land, or land suited for commerce. It must be well serviced by access to traffic in Greater Johannesburg, in addition to transportation, and must be positioned so as to form a visible part of the community in Greater Johannesburg.Development of Commercially Viable Stands The purchaser of commercial stands may be interested in the commercial lot for the purposes of direct development, in other words developing the lot for the buyer's own business requirements. For instance, the buyer may wish to put up a service-sector business in Greater Johannesburg such as a leisure facility, food business or retail store. However, the developer may also wish to develop the stands offered for the purposes of adding value, by creating an office block, retail complex, or other real property from which rent income is derived.Listings of Commercial Stands in Greater JohannesburgThe following comprises our listings for the "commercial stand" category as of Aug 13, 2008. To view our very latest, intelligently sorted property information, please take a look at our latest property listings.
Com/Indust Stand Terenure- 2007m2 - R1.7m | Commercial Stand For Sale in Kempton Park
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Greater Johannesburg is located in Gauteng, South Africa. You may also want to check out Gauteng realty for more listings nearby.
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