Small Holding in Pienaarspoort Pretoria East for Sale
Size: 8.3913 ha
Price: R 6 500 000.00 (TRANSFER DUTY PAYABLE)
This 8.3913 hectare full-title small holding is a perfect investment opportunity for an Organ of the State, ideal for residential development. With easy access to the N4 highway and located just off Bronkhorstspruit Road, this property offers excellent potential in a fast growing area and highly populated area with many work opportunities.
This property is very suitable for first time home owners on the rapid land release concept or to do a township establishment for FLISP, SHRA or affordable housing or gap housing.
Key Features:
• Size: 8.3913 hectares of prime land ready for development.
• Utilities: Municipal single-phase electricity connection available; a 3-phase electricity connection from Tshwane is available. A borehole with a 2500 lph yield ensures a reliable water supply.
• Telecommunications: Telkom landline connection, with strong mobile network coverage.
• Restrictions: Please note that the land is high jacked by shack farmers that bring lucrative income for them with ± 450 shacks.
• Development Potential: This property is well-positioned for residential development, offering ample space and easy accessibility to major routes.
This property is an opportunity for the Tshwane Municipality to show willingness to formalise an informal settlement and give registered title to the legal RSA citizen all ready residing on the property.
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