Web Ref PR5429
R18,538,000
Monthly Bond Repayment R185,079.66
Calculated over 20 years at 10.5% with no deposit.
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Development in Faerie Glen
An exceptional opportunity to secure one of the last prime development sites in Faerie Glen, with full Residential rezoning already approved.
Key Features
• Size: 7,851m²
• Zoning: Residential 4
• Bulk Electrical Contributions: Paid in full
• Status: Ready-to-develop with approved plans available
Development Potential
Option 1: Multi-storey Apartment Complex
• Up to 62 units (±75m² each)
• Each unit includes 1 lock-up garage + 1 undercover bay
• Total build footprint: ±4,650m²
• Plans include site works, services, paving, and access roads
Option 2: Three-Phase Apartment Development
• Phase 1: 24 units
• Phase 2: 17 units
• Phase 3: 21 units
• Units sized 75m² to 145m² – perfect for a diverse buyer market
Why Invest Here?
• Prime position in Pretoria East’s most desirable suburb
• Strong growth and rental demand in the area
Contact me today for a viewing.
Key Features
• Size: 7,851m²
• Zoning: Residential 4
• Bulk Electrical Contributions: Paid in full
• Status: Ready-to-develop with approved plans available
Development Potential
Option 1: Multi-storey Apartment Complex
• Up to 62 units (±75m² each)
• Each unit includes 1 lock-up garage + 1 undercover bay
• Total build footprint: ±4,650m²
• Plans include site works, services, paving, and access roads
Option 2: Three-Phase Apartment Development
• Phase 1: 24 units
• Phase 2: 17 units
• Phase 3: 21 units
• Units sized 75m² to 145m² – perfect for a diverse buyer market
Why Invest Here?
• Prime position in Pretoria East’s most desirable suburb
• Strong growth and rental demand in the area
Contact me today for a viewing.
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