2.4 ha Land available in Theresapark

Fairway Villas Development Report

Location: Theresa Park X63, Acacia Golf Estate, Pretoria North

1. Development Overview

Fairway Villas is a sectional title development within the prestigious Acacia Golf Estate, Pretoria North. The 2.4-hectare site, zoned Residential 3, will host 300 modern apartments a mix of 1-bedroom with study and 2-bedroom units aimed at professionals, families, and investors.

With strong City of Tshwane support, bulk services already in place, prepaid electricity, and approved layouts, the project is designed for speed to market. Security is prioritised through 24-hour access control, fencing, and patrols. Positioned on the golf course, the scheme blends modern country architecture with affordable lifestyle living.

2. Development Status

The project builds on prior rights from Theresa Park X44, now transferred to X63. Bulk services, traffic studies, environmental compliance, and council approvals are complete, with final density confirmation for 300 units in process.

3. Financial Snapshot

Land (incl. VAT): R37.375m

Development Cost (300 units): R68m

Total Project Cost: R105.375m

Revenue (R449,999/unit): R135m

Projected Profit: R29.6m (ROI 28%)

4. Location & Lifestyle

Fairway Villas offers direct access to the upgraded Acacia Golf Course and country club facilities including a clubhouse, restaurant, lounges, and landscaped open space. Wonderpark Mall (3 km), Pretoria North Centre (2 km), schools, and hospitals are nearby. The estate includes 372 secure parking bays, childrens play areas, and fully paved roads with stormwater systems.

5. Units & Market

300 Units: 1-Bedroom + Study, 2-Bedroom Apartments

Designed for first-time buyers, Rosslyn/Brits professionals, and investors

Targeted at both homeownership and rental markets

6. Market Positioning

Comparable sales show 2-bed units from R480kR630k and golf estate properties from R650kR950k. With units priced from R449,999, Fairway Villas is positioned as one of the most affordable entry points into secure golf estate living in Pretoria North, while offering stronger amenities than competing projects.

7. Listing Draft

Fairway Villas Acacia Golf Estate

From: R449,999

Ownership: Sectional Title

Unit Types: 1-Bedroom + Study & 2-Bedroom Apartments

Fairway Villas combines security, lifestyle, and accessibility. With prepaid utilities, modern finishes, secure parking, and full estate amenities, it offers unmatched value for families, professionals, and investors.

Note: Feasibility reports and plans are available upon NDA request.