RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR 52 UNITS IN PRETORIA EAST
Total Price for Land & Option: R5 500 000.00
• Land Price: R2 000,000.00
• Price for purchasing the option to buy: R3 500,000.00
About the Development:
This nearly approved development will consist of six boarding homes on six stands. Each boarding home will feature:
One bedroom townhouse for the caretaker
Seven or eight bachelor units on the ground floor, each with a small garden
Common open-plan living area with a home theatre, dining room and braai patio for socializing, dining, and entertainment. Tenants can play board games, watch sports or TV, or entertain family or friends in the communal braai patio
One carport and one (6 m²) storeroom per unit for extra storage
The units in the boarding homes may be eligible for a Sectional Title Scheme.
Breakdown of Boarding Homes:
4 Boarding Homes with:
8 ground-level units per boarding home
1 bedroom unit and 7 bachelor units
8 carports and 8 storerooms (3 x 2 m² each)
1 common room with lounge, kitchenette, dining area, and braai patio per boarding home
2 Boarding Homes with:
7 ground-level units per boarding home
1 bedroom unit and 6 bachelor units
7 carports and 7 storerooms (3 x 2 m² each)
1 common room with lounge, dining area, and braai patio per boarding home
Additional Features:
Communal launderette.
Communal vegetable garden, run on a "green fingers club" basis.
There is still ±R300 000.00 professional fees to be paid to the Town Planner and his team of professionals to take the township application to approval by the municipality.
Site Development Plan: Attached for your reference.
