1 ha Land available in Rietfontein

SHOVEL READY NEARLY ZONED RESIDENTIAL DEVELOPMENT THE EAST OF PRETORIA

Approved for 52 Units | Pretoria East

Total acquiring costs: R3 610 000.00

No VAT or Transfer Duty payable.

- Land Price: R1 200 000

- Option Price: R2 410 000

- Size of land: 1 ha 10 024 m²

Project Overview

An exceptional investment opportunity in Pretoria East! This nearly approved residential project offers a total of 52 ground-floor units across 6 modern boarding homes, designed for optimal tenant comfort, community living, and long-term value.

Each boarding home is thoughtfully planned and may qualify for a Sectional Title Scheme, offering future flexibility and excellent exit potential.

Unit andamp Building Breakdown

Each Boarding Home Includes:

- 1-Bedroom Townhouse for the on-site caretaker

- Bachelor Units:

o 7 or 8 units per home, each with a private garden

- Common Living Facilities:

o Spacious open-plan lounge, dining area, and home theatre

o Braai patio ideal for socializing, game nights, sports viewing, and family gatherings

o Kitchenette for shared or meal-ordered dining

- Parking andamp Storage:

o 1 Carport per unit

o 1 Private storeroom per unit 6 m²

Boarding Home Configuration

4 Boarding Homes

- 8 units each:

o 1 1-bedroom unit

o 7 bachelor units

- 8 carports 8 storerooms

- 1 shared lounge, dining area andamp braai patio

2 Boarding Homes

- 7 units each:

o 1 1-bedroom unit

o 6 bachelor units

- 7 carports 7 storerooms

- 1 shared lounge, dining area andamp braai patio

Additional Communal Features

- Launderette for convenient tenant use

- Vegetable garden maintained through a resident green fingers club

- Designed for low-maintenance, community-focused living

This is a rare and highly attractive development opportunity in one of Pretoria Easts fastest-growing residential nodes. Ideal for developers, social housing providers, and long-term investors.

Call, WhatsApp, or email me today for more information or to arrange a viewing.

JOWIC PTY LTD trading as REMAX Jowic Wierda Park operates in terms of a franchise agreement with REMAX of Southern Africa.