Browse Land lots in Kyalami, Midrand or list your own. Advertise, sell your property, list it for letKyalami Grand Prix Circuit (from Khaya lami, My home in Zulu) is a motor racing circuit located in Midrand, Gauteng province, South Africa. The circuit has been used for Grand Prix and Formula One races and has hosted the South African Grand Prix many times. Among the Formula One races held at the track the 1977 South African Grand Prix stands out, as it is principally remembered for the fatal accident that claimed the lives of race marshal Frederick Jansen van Vuuren and driver Tom Pryce. In recent years, the area surrounding the circuit has developed into a residential and commercial suburb of Johannesburg. More recently, Kyalami has played host to five rounds of the Superbike World Championship from 1998 to 2002 and later in 2009 and 2010, the season finale of the Superstars Series in 2009 and 2010, and the South African round of the 2008–09 A1 Grand Prix season.
International racing returned to the circuit in November 2019, when it hosted the 2019 Kyalami 9 Hours, serving as the season finale of the 2019 Intercontinental GT Challenge. It is scheduled to host the inaugural 6 Hours of Kyalami on 6 February 2021, as part of the 2020-21 FIA World Endurance Championship.In real estate, a lot or plot is a tract or parcel of land owned or meant to be owned by some owner(s). A lot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the same thing) in other countries. Possible owner(s) of a lot can be one or more person(s) or another legal entity, such as a company/corporation, organization, government, or trust. A common form of ownership of a lot is called fee simple in some countries.
A lot may also be defined as a small area of land that is empty except for pavement or similar improvement. An example would be a parking lot. This article covers lots as parcels of land meant to be owned as units by an owner(s).
Like most other types of real estate, lots owned by private parties are subject to a periodic real estate tax payable by the owners to local governments such as a county or municipality. These real estate taxes are based on the assessed value of the real property; additional taxes usually apply to transfer of ownership and property sales. Other fees by government are possible for improvements such as curbs and sidewalks or an impact fee for building a house on a vacant lot.Source: https://en.wikipedia.org/