1 ha Farm in Pretorius Park
Prime Development Opportunity: Exceptional Land Parcel for Sale
This exceptional 1-hectare property in Pretorius Park, Pretoria, presents a unique investment opportunity for developers interested in constructing much-needed residential apartments.
Situated in a rapidly developing area with excellent access to major highways, shopping centers, schools, and healthcare facilities, this land offers the perfect combination of convenience and potential.
The property is currently in the process of being rezoned for residential development, providing ample space to create a modern apartment complex that caters to the demands of Pretoria''s expanding housing market.
An application for rezoning to Residential 3 land use has been submitted, with approval pending. Additionally, an application for Proposed Township Establishment is underway to secure Residential 3 land use rights. The proposed density for this development is set at 80 units per hectare, with a cap of 72 units for the Residential 3 classification.
Dont miss out on this outstanding opportunity to influence the future of Pretorius Park with a project that promises significant returns and long-term growth. Contact us today for more information about this remarkable property!
Property details
- Listing number T4876759
- Property type Farm
- Listing date 21 Nov 2024
- Land size 1 ha
- Floor size 230 m²
- Rates and taxes R 2 389