Prime Residential Development Opportunity – Capital Park, Pretoria
Price: R12 000 000 + VAT
Zoning: Residential 4 | Guest House Rights Permitted
This exceptional development site is strategically located in the heart of Capital Park, offering seamless access to Steve Biko Academic Hospital, Tshwane University of Technology (TUT), major government offices, and the A Re Yeng Rapid Bus Network.
With all approvals in place and bulk services fully paid, this is a ready-to-build project ideal for developers seeking a high-yield opportunity.
Development Potential
The stand offers approved rights for the construction of 252 residential units, with the following permitted mix:
- Bachelor Units: 105 units | ±32 m² each
- 1-Bedroom Units: 118 units | ±41 m² each
- 2-Bedroom Units: 29 units | ±55 m² each
- Most units include balconies (excluded from unit m²).
Project Status
- All zoning and development rights approved
- The previously approved Site Development Plan (SDP) must be resubmitted
- Approved concept architectural plans
- Bulk service contributions fully paid
- Comprehensive geotechnical survey and report available
This is a turnkey development opportunity with all pre-construction work complete.
Local Authority Information
- Zoning: Residential 4
- Coverage: 90%
- Height: 28 m
- FAR: 2
- Parking: Table G requirements
For more information or to arrange a viewing, please contact me via phone, email or WhatsApp.
