Development Land For Sale | Rietfontein 375 JR (Pretoria East)
Explore this exceptional 4.2-hectare vacant property portion located within the rapidly expanding Pretoria East node. Positioned inside the Urban Edge, this property is uniquely excluded from the Subdivision of Agricultural Land Act 70 of 1970 and fall under the Alienation of Land Act 68 of 1981. This transition opens up incredible co-living and alternative development opportunities.
Group Buying & Co-Living Advantages
• Collective Finance: Families or groups of friends can combine their individual affordability to apply for normal bank home loan financing together, allowing them to purchase and develop the land as a group.
• Flexible Rights: An application for an extra dwelling right is always possible on a farm portion. A private sewer system can also be installed, subject to local authority approval.
• 96 Approved Land Uses: Under the Alienation of Land Act, owners can apply for any one of 96 approved land uses, making this property perfect for a lifestyle village, AirBnB, guesthouse, church, or school etc. On request I can provide you with the 96 Land uses
4.2-Hectare Vacant Canvas
Purchase Price: R2 690 000.00 Plus VAT | Total Price: R3 093 000.00 (Including VAT)
No transfer duty is payable.
Future Subdivision & Infrastructure
• Subdivision Potential: This property presents an incredible future opportunity for subdivision into two, three, or four distinct portions when Municipal water becomes available.
• Existing Structure: There is currently a 190 sqm shed on the property. Note: The shed is not included in the standard property purchase price, but the purchaser has the option to buy it at a price to be agreed upon.
Strategic Location
• Situated just 4 km from Rafters Restaurant and 8 km from Parkview Shopping Centre.
• Offers excellent, straightforward access from both Garsfontein Road and Delmas Road.
