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Overview to Commercial Stands in Sir Lowry's Pass Commercial stands in Sir Lowry's Pass is defined as any land suitable for commercial, as opposed to residential, development in Sir Lowry's Pass. It should be pointed out 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 Sir Lowry's Pass 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, occasionally the lot offered as commercial may be less appropriate for commercial than for some other type of development.Criteria for Commercial Stands in Sir Lowry's Pass The price commanded by land classified as commercial tends to be higher than the average residential lot in Sir Lowry's Pass. 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 Sir Lowry's Pass, in addition to transportation, and must be positioned so as to form a visible part of the community in Sir Lowry's Pass.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 Sir Lowry's Pass 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 Sir Lowry's PassWe couldn't discover any area-specific listings in the "commercial stand" category in Sir Lowry's Pass. However, there might be some newly added information in our dynamic pages. Please access our latest property listings for further information. Ah Yer! South Africa always endeavors to maintain our newest information, and does not display sold, withdrawn, or deactivated listings.
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Sir Lowry's Pass is located in Somerset West, False Bay, Cape Town Metro, Western Cape, South Africa. You may also want to check out Somerset West real properties for more listings nearby.
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