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Overview to Commercial Stands in Forest Hills Commercial stands in Forest Hills is defined as any land suitable for commercial, as opposed to residential, development in Forest Hills. Kindly be advised 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 Forest Hills 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, on occasion the lot offered as commercial may be less appropriate for commercial than for some other type of development.Criteria for Commercial Stands in Forest Hills The price commanded by land classified as commercial tends to be higher than the average residential lot in Forest Hills. 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 Forest Hills, in addition to transportation, and must be positioned so as to form a visible part of the community in Forest Hills.Development of Commercial 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 Forest Hills 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 Forest HillsWe couldn't discover any stored listings in the "commercial stand" category in Forest Hills. However, there could possibly exist freshly updated listings in our dynamic pages. Please access our latest property listings for further information. Ah Yer! South Africa always attempts to maintain the very latest information, and won't include sold, withdrawn, or deactivated listings.
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Forest Hills is located in Western Durban, Greater Durban, KwaZulu-Natal, South Africa. You may also want to check out Western Durban real estate property for more listings nearby.
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