• 14 814 m2

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Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.

Mun. Rates & Taxes: ZAR 2500.00

Property description

Attention Developers and Investors: A Prime 1.43 ha Property with Unmatched Potential

This exceptional property presents a once-in-a-lifetime opportunity for developers and investors. Situated on a prime 1.43-hectare parcel, it is ideally located for residential development, making it an invaluable asset for those looking to capitalize on its unique features and strategic position.

The property boasts two houses, each equipped with a swimming pool, one of which is indoors, providing a luxurious living experience. In addition to the main residences, there are four flats on the premises, all of which are currently rented out on a month-to-month basis. These existing buildings, while fully functional and generating rental income, represent only a fraction of the property's true value—the real opportunity lies in the expansive land it occupies.

Further enhancing the property's appeal is its access to natural water resources, including a borehole and a natural spring. These features not only add to the land's value but also offer sustainable water options for future development.

Significant progress has already been made towards unlocking the full potential of this property. An application for "Consent Use" to establish a "Place of Instruction" is currently in process with the City of Tshwane. Additionally, crucial reports on stormwater management, construction feasibility, and traffic impact have been completed, laying a solid foundation for future development projects.

The property's location is another major asset. It is within walking distance of the Dischem Centre at the corner of Solomon Mahlangu and Haymeadow, as well as the M&T Business Park. These nearby amenities, coupled with the convenience of various shopping and business centers, make this property an ideal choice for residential development.

In conclusion, this prime 1.43-hectare property offers an unparalleled opportunity for development in a highly desirable area. With its existing structures, natural resources, and strategic location, it stands as a rare investment opportunity that promises significant returns. Developers and investors should act swiftly to secure this valuable asset and unlock its full potential.

Property Details

Property Features

  • Pool
  • Pets Allowed
  • Garden