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Introduction to Commercial Stands in Wingate Heights Commercial stands in Wingate Heights is defined as any land suitable for commercial, as opposed to residential, development in Wingate Heights. 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 Wingate Heights 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 Wingate Heights The price commanded by land classified as commercial tends to be higher than the average residential lot in Wingate Heights. 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 Wingate Heights, in addition to transportation, and must be positioned so as to form a visible part of the community in Wingate Heights.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 Wingate Heights 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 Wingate HeightsWe couldn't match any archived listings in the "commercial stand" category in Wingate Heights. However, there might be some recently introduced information in our dynamic pages. Please take a look at our latest property listings for further information. Ah Yer! South Africa always seeks to maintain the latest information, and will not display sold, withdrawn, or deactivated listings.
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Wingate Heights is located in South Peninsula, Cape Town Metro, Western Cape, South Africa. You may also want to check out South Peninsula real properties for more listings nearby.
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