2 130 m² Land available in Menlo Park

Prime Menlo Park Develompent Opportunity - Approved for 42 Units

This exceptional property presents a rare investment opportunity in one of Pretorias most sought-after areas. It currently generates a rental income of approximately R40,000 per month and comes with approved rezoning for 42 sectional title units, making it ideal for both investors and developers.

Whether you are seeking immediate rental returns or a high-yield development project, this property offers outstanding potential.

Key Features:

Current Rental Income: R40,000 per month, ensuring immediate cash flow

Rezoning Approved: Residential 4 zoning with approval for 42 sectional title units

Land Size: 2,130 m²

Development Potential: Suitable for high-density residential development, including apartments, townhouses, or flats

Prime Location: Situated in a highly desirable area, close to major transport routes, shopping centres, and key amenities

Infrastructure: Existing infrastructure in place, with scope for upgrades to support future development

This is a prime opportunity for investors looking to capitalise on a well-located property.

Approved Rezoning Residential 4

Approved rights for 42 sectional title units

Attractive Development Land Cost

Approximately R226,000 per approved unit

Immediate Rental Income

R40,000 per month

Large Development Stand

2,130 m²

Existing 11-bedroom property generating income

Prime Development Location

Located on Atterbury Road, a major Pretoria route