2 686 m² Land available in Brooklyn

A rare, shovel-ready residential development opportunity in one of Pretorias most sought-after investment locations.

Prestigious address. Proven rental market. Approved development concept. Ready for the next stage.

This exceptional opportunity comprises two consolidated portions of land, offered together as one outright land and land-rights sale, in the heart of Brooklyns sought-after Old East.

Most importantly, the property offers the potential to save an estimated 1218 months by bypassing the municipal town-planning and objection phases.

SHOVEL-READY DEVELOPMENT

The property has been earmarked for a 31-unit secure residential development, designed to meet the strong and consistent demand for quality accommodation in this highly desirable precinct.

Proposed development:

28 one-bedroom, open-plan residential units

Projected marketing price: R1.14m R1.24m per unit

3 two-bedroom, modern open-plan residential units

Projected marketing price: R1.64m R1.74m per unit

31 residential units in total

Projected rental income is estimated at approximately R9,500 R12,500 per unit per month, appealing to a broad rental market including students, young professionals, corporate tenants and investors.

One portion currently accommodates an established older residence, generating rental income through student accommodation, while both portions provide the development land for the proposed project.

APPROVALS & TECHNICAL ASSETS

The development is supported by substantial work already completed, including:

Final Geotechnical Report

Demolition Certificate

Municipal Planning Tribunal Written Judgment

Architectural SDPs

Engineering Agreements

Complete Developer Data Pack

The land may be developed according to the developers requirements, subject to the applicable rights and approvals. The approved Brooklyn Community Estate concept provides an established foundation for the opportunity.

BROOKLYN COMMUNITY ESTATE

The approved development is further supported by planned security infrastructure, including camera monitoring, gated streets during off-peak periods, operational booms and CCTV monitoring.

Construction is expected to commence within the next two months, with the booms anticipated to be operational by December 2026.

UNPARALLELED LOCATION

Situated close to the University of Pretoria Tuks, the property is ideally positioned to benefit from strong demand generated by students, academics and young professionals.

The surrounding Old East offers convenient access to prestigious schools including Pretoria Boys High School, Pretoria High School for Girls and Afrikaanse Hor Meisieskool, as well as numerous other established schools.

For lifestyle and convenience, Brooklyn Mall, The Village, restaurants, cafs, retail, medical facilities and professional services are all within easy reach. The proximity to embassies and diplomatic establishments further enhances the areas prestige and investment appeal.

THE INVESTMENT PROPOSITION

This is more than simply development land. It presents an opportunity to acquire a strategically located, income-producing property with existing rental accommodation, consolidated land, development rights and an established 31-unit residential scheme.

Prime Brooklyn location Existing rental income Development rights Approved planning 31-unit residential opportunity

A compelling proposition for a developer looking to enter or expand within Pretorias established residential investment market.

A RARE OPPORTUNITY IN PRETORIAS OLD EAST

Contact me today to arrange a viewing or request the complete Developer Data Pack.