LAND FOR SALE ANNANDALE RIDGE- Investment / Owner-Occupier / Development Opportunity

INTRODUCTION

Swindon Property Services is proud to present to the market a very rare and exciting land purchase opportunity in the new development known as Annandale Ridge. This land presents one of the very few opportunities in the for the purchase of large vacant erven with the potential to develop a variety of facilities including, but not limited to warehousing, retail and commercial uses.

Annandale Ridge is located a mere 19 km from the CBD, all via major national highways with the added advantage of excellent brand and signage exposure onto the N7. With future access directly off the N7 and a new bridge connection to Montague Gardens over the N7, this precinct provides a great opportunity for companies or developers looking to develop big box warehouses, commercial nodes or office facilities. Jill | 083 708 2098 | [email protected] OR Marcus | 084 914 3878 | [email protected]

Whilst every effort is made to ensure the accuracy of the information contained herein, no responsibility can be taken by Swindon Property Services for any error or omission and the Purchaser is encouraged to verify the facts prior to purchase. This information does not form part of any contract either expressed or implied. All prices exclude VAT where applicable. 2nd Floor, Swindon House, 71 Shortmarket Street, cnr. Bree Street, , 8001 T 021 422 0778 www.swindon.co.za

LOCATION AND PROPERTY HIGHLIGHTS

 Annandale Ridge is located along the N7 a mere 19 km from the Cape Town CBD and is situated adjacent to two of Cape Towns busiest industrial nodes namely, Montague Gardens and Killarney Gardens.

 Excellent exposure onto the N7 national highway

 Direct access off the N7 via newly approved offramp, resulting in limited traffic congestion unlike that experienced in Montague and Killarney Gardens

 New approved bridge connection directly from Annandale Ridge, over the N7, to Montague Gardens & Killarney Gardens (Blaauberg Road) allowing for direct access between these major nodes.

 Distances to site from - Cape Town CBD : Approx. 19 km ( 15 minute drive) - Southern suburds (Newlands) Approx. 24.5 km ( 22 minute drive) - Northern suburbs ( Bellville) Approx. 18 km ( 13 minute drive) - West Coast (Blouberg) Approx. 6 km ( 9 minute drive) - Montague Gardens Approx. 4 km ( 7 minute drive)

 Surrounded by several popular developments including:

- Burgundy Estate ( residential development) - Richwood ( residential development) - Atlantic Hills & Atlas Gardens ( light industrial parks with smaller erven) - Atlantic Mall ( new approved mall bordering site) - Rivergate ( light Industrial park with small erven) - Killarney & Montague Gardens ( large industrial nodes )

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ZONING & SITE RESTRICTIONS

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NOTE-ERVEN FOR SALE INDICATED IN DARK BLUE

Zoning : GB1 Bulk Factor : 1.5 Permissible Uses : Warehousing, Coverage : Dependant on use commercial and retail Height Restriction : 15m Total Permissible Bulk : 148 975 msq Setbacks - Street : 0m < 10m height, (distributed as per site specific bulk allowances & use) 4.5m > 10 m height - Common : 0m

Note : Setbacks, coverage and bulk may be subject to change dependant on final use.

ERVEN INFORMATION & PURCHASE PRICES

IMAGE OF SITE WITH N7 TO RIGHT

VARIOUS IMAGES OF SITE

ERF ZONING SIZE RATE/MSQ TOTAL COST NO. 121 Gen. Business 0.74 ha R 1350/msq R 9 990 000 Plus VAT Petrol station 336 Warehousing/ commercial 5.39 ha R 1350/msq R 72 765 000 Plus VAT – Prime site at bridge connection 339 Warehousing/ commercial 3.26 ha R 1250/msq R 40 750 000 Plus VAT

340 Warehousing/ commercial 1.36 ha R 1250/msq R 17 000 000 Plus VAT

343 Warehousing/ commercial 1.35 ha R 1250/msq R 16 875 000 Plus VAT

344 Warehousing/ commercial 1.3 ha R 1250/msq R 16 250 000 Plus VAT

345 Warehousing/ commercial 1.29 ha R 1250/msq R 16 125 000 Plus VAT

348 Warehousing/ commercial 2.13 ha R 1250/msq R 26 625 000 Plus VAT

349 Warehousing/ commercial 2.34 ha R 1250/msq R 29 250 000 Plus VAT

353 Warehousing/ commercial 4.18 ha (1.08ha R 1250/msq R 52 250 000 Plus VAT servitude) 351 Warehousing/ commercial 3.19 ha (2.05 ha R 1250/msq R 39 875 000 Plus VAT servitude)

* All erven have variety of rights including warehousing, storage and commercial uses.

RELEVANT DEVELOPMENTS & INFRASTRUCTURE

 New on-ramp and bridge

Annandale Ridge has approval to build a bridge over the N7 which will connect Morris Shell Drive (Annandale) and North Road which becomes Blaauberg Road (Montague Gardens). This route is indicated in red above and will allow two way access to and from the site and will also provide an on and off ramp to the N7. The construction of this bridge will commence once the first parcel of land is sold and will take approximately two years to complete.

 Transport

- As part of the Annadale Ridge development a taxi rank has been included into the scheme. Currently provides the main taxi rank for the area from which many employees disperse to areas such as Atlas Gardens and Burgundy Estate. - Golden Arrow Bus also have a route to Bothasig and Atlas Gardens - Elwira Bus Services operate out of Atlas Gardens servicing companies here. This service may be extended if there are sufficient numbers. - My Citi are currently finalising the upgrades and new stations on Potsdam / Koeberg Road which run all the way to The Stables (Sandowne Road) where the actual depot is found. The new - My Citi has also earmarked a route along the N12 with feeder routes past Annandale Ridge via Tyger Valley Road. - The new bridge connection will link directly onto the Potsdam Road and the MyCiti lanes and will in all likelyhood open a new route via this connection in future.

 New and proposed roads

- The recently opened Sandowne Road has created a connection from Annandale Ridge to Parklands with commercial development and small scale industrial earmarked along this route. - The proposed extension will see this highway extend from the Westlake Interchange in the south, via , over the N7 and finishing at Big Bay.

SURROUNDING DEVELOPMENTS & INFRASTRUCTURE

 Montague Park

Montague Park is one of Cape Town’s most modern and sought after warehousing precincts. There are several reasons for this which include: - Accessibility close to N7 - Modern new warehouses with sprinklers, dock leverlers and high eaves. - Large warehouse facilities namely 1500msq – 30 000msq. This precinct is owned and developed by Improvon meaning that companies may only rent the facilities and do not have the opportunity to purchase.

 Atlantic Mall

The Annandale Ridge precinct also lies adjacent to the Atlantic Hills precinct which will see the development of the new Atlantic Mall, an 82 000 msq shopping development. There are also 1400 medium to high density residential opportunitites as well as a small commercial and industrial component.

 Wescape development

This proposed development to the north-west of Cape Town along the N7 will see 3100 hectares of land developed. Facilities include 200 000 houses, 400 education facilities, 370 public service facilities and 15 sports complexes over the next 20 years.

This development will see a massive workforce introduced to the immediate surrounds of Annadale Ridge providing great opportunity for companies here.

FOR MORE INFORMATION PLEASE CONTACT

Jill | 083 708 2098 | [email protected] OR Marcus | 084 914 3878 | [email protected]

Whilst every effort is made to ensure the accuracy of the information contained herein, no responsibility can be taken by Swindon Property Services for any error or omission and the Purchaser is encouraged to verify the facts prior to purchase. This information does not form part of any contract either expressed or implied. All prices exclude VAT where applicable. 2nd Floor, Swindon House, 71 Shortmarket Street, cnr. Bree Street, Cape Town, 8001 T 021 422 0778 www.swindon.co.za