Price: R7,750,000 + VAT
Zoning: Special Use (Approved and still valid)
Fully zoned and strategically located development opportunity ideal for hotel, student housing, or a high-density residential project.
Key Development Rights
• Hotel development with up to 100 rooms
• Residential density: residential development opportunity for 60 units
• Coverage: 60%
• Height: 3 storeys
• FSR: 0.6
• Development rights renewed and still valid
• Service agreements with municipality can be finalized
• Bulk contributions to be paid by the purchaser
Location Highlights
• Near top pre-, primary & high schools
• Close to planned Tshwane East Gautrain station
• Surrounded by major shopping centres, gyms, restaurants, and medical facilities and more than 500 medical specialists and other medical professionals
• Nearby hospitals include Life Wilgers, Pretoria East Hospital, Mediclinic Kloof and a new hospital bordering the Mega City
• Very near to Featherwood Retirement Village with assisted living and frailcare
• What end users of units need from the shops can be delivered in minutes by Uber at your door step
• Better address your buyers will not get in Pretoria East
• Akademia University now under construction nearby (opening 2028 with ± 6.500 students)
• Additional new schools and shopping centres planned in the area
