R585 000
554 m² erf Bond calculator
Pearly Beach Business Stand
Vacant land for sale in Pearly Beach, Overberg, Western Cape
- ERF-PLT-106
- For sale
- 16 facts on file
- 554 m²Erf extent
- B3 businessZoning, as stated
- NoneBuildings
About this property
This vacant erf of 553.9 m², advertised as about 555 m², is in Pearly Beach. The seller states it is zoned Business Zone 3 (Local Business). It sits in the village grid a short walk from Main Road, with Pearly Beach's long white sands, fynbos dunes and seasonal whale watching an easy stroll away.
Under the Overstrand Land Use Scheme, 2020, Business Zone 3 allows shops, offices, a restaurant, self-catering, caretaker's accommodation and a dwelling or flats above the ground floor as primary rights. A bottle store, a hotel, a place of entertainment or the sale of liquor needs a separate application to the municipality.
The erf is vacant, with no dwelling or commercial building on it: what is for sale is the land, the business zoning and the position. Pearly Beach is a quiet seaside village about 20 minutes from Gansbaai and roughly two and a half hours from Cape Town, with horse trails, fishing, birdlife and Southern Right whales in season.
Buyers should confirm the service connections, building lines, coverage (Business Zone 3 allows up to 75%) and height (8.5 m and two storeys) with Overstrand Municipality before design work begins. The sale is voetstoots, normal transfer fees apply, and viewings are by appointment.
Before you make an offer
- Transfer duty
None
The asking price is under R1 210 000, below which SARS charges no transfer duty.
- What Business Zone 3 allows
Under the Overstrand Land Use Scheme, 2020, Business Zone 3 allows shops, offices, a restaurant, self-catering, caretaker's accommodation and a dwelling or flats above the ground floor without further approval. A bottle store, tourist accommodation, a hotel or a place of entertainment needs the municipality's consent first. Buildings may cover 75% of the erf and rise to 8.5 m over two storeys, with no building line on the street and a 3 m line at the back. Ask for the zoning certificate to confirm B3 before you offer.
General guidance, not legal or tax advice. Conveyancing and deeds office costs come on top of the duty, and the transferring attorney confirms every figure.
Features
- 554 m²Erf extent
- B3 businessZoning, as stated
- NoneBuildings
- Short walkTo the beach
- 75%Coverage allowed
- 8.5 mHeight, two storeys
Property overview
- Listing number
- ERF-PLT-106
- Type of property
- Vacant land
- Status
- For sale
- Extent
- 554 m² erf
- Area
- Pearly Beach, Overberg
- Province
- Western Cape
- Facts on file
- 16
The schedule
16 facts across 4 of the 18 schedule sections, recorded from the seller's mandate. Where the seller gave a figure as an approximation, the schedule says so, and sections the mandate does not cover are left out rather than filled in.
Land information3
- Erf extent
- 553.9 m² (Surveyor-General), advertised as about 555 m²
- Structures
- None, the erf is vacant
- Location
- In the village grid, a short walk from Main Road and the beach
Power & utilities1
- Service connections
- To be confirmed with Overstrand Municipality
Legal information7
- Zoning
- Business Zone 3: Local Business (B3), Overstrand Land Use Scheme, 2020, as the seller states; to be confirmed on the zoning certificate
- Primary rights
- Shops, offices, restaurant, self-catering, caretaker's accommodation, and a dwelling or flats above the ground floor
- Consent uses
- A bottle store, hotel, place of entertainment or the sale of liquor needs a separate municipal application
- Coverage
- Up to 75%
- Height
- 8.5 m and two storeys
- Condition of sale
- Voetstoots
- Transfer costs
- Normal transfer fees apply
Lifestyle features5
- Beach
- Walkable, with long white sands and fynbos dunes
- Whales
- Southern Right whales in season, typically June to December
- Gansbaai
- About 20 minutes
- Cape Town
- About two and a half hours
- Suited to
- A small coastal business, a live and work building with a flat above, or an investment
Bond costs
Change the deposit, the rate and the term to see the monthly repayment on R585 000. This is arithmetic, not a quote: your bank sets the rate, and bonds on vacant land are usually written over shorter terms than a house.
Monthly repayment
R5 246
- Deposit
- R117 000
- Amount bonded
- R468 000
- Interest over the term
- R476 287
An estimate only. Rates, terms and deposits on vacant land are set by your bank against the property and the buyer.
Enquire about this property
Ask for the full mandate pack, the title deed extract or a viewing date.
Martiens Du Plessis, Managing Director. Registered with the PPRA. 082 900 5019 martiens@erfdevco.com
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