Since the erf allows for residential and small business use: Build, Live & Work
The big advantage is that the property is not restricted to purely residential use. A buyer could potentially purchase the erf and operate a small business from the property.
**For example:**
Build a house with a separate street-facing salon or office, while living at the property.
Design it with a residential section part of the building on the 1st floor and lease or use the ground floor for business. On this erf you are also permitted to build duplex flats.
**Why this is valuable:**
That gives the erf income-generating potential, which can make it more attractive than a comparable residential-only vacant erf.
GENERAL:
• Erf: 880m²
• Flexible zoning allows for both residential and approved small business activities.
• The seller is VAT registered; therefore, VAT is applicable and payable in addition to the purchase price.