Prime Development Opportunity for Cluster Housing Developers in Elardus Park

R11,750,000

Elarduspark, Pretoria, Gauteng

Vacant Land for sale in Elarduspark, Pretoria, 3743 m²

Elarduspark, Pretoria, Gauteng

R11,750,000

Ref:1440935
3743
Type: Vacant Land

Description

Prime Development Opportunity for Cluster Housing Developers

Location: Situated in a highly sought-after area near Waterkloof High School, Elarduspark Primary, Route 21 Industrial Park and Castle Gate, these three adjoining erven present a unique investment opportunity in one of Pretoria’s most desirable residential zones.

Highlights:
  • Strategic Location: Positioned within easy reach of top schools and prominent shopping and lifestyle centres, these erven are ideal for families seeking proximity to quality education and amenities.
  •  Exceptional Demand: With the rapid urbanization in Pretoria’s eastern suburbs, there is an increasing demand for modern, secure cluster housing options. This property offers developers the perfect canvas to satisfy that need.
  • Community Appeal: The area is well-known for its vibrant, family-friendly environment, established infrastructure, and secure neighbourhood, making it highly attractive to prospective homeowners and tenants alike.
Investment Potential:
  • Flexible Development: The size and zoning of these erven allow for a versatile approach, accommodating multiple units in a well-planned cluster housing setup.
  • High Return on Investment: Cluster developments are particularly popular in this area, with a track record of strong rental yields and excellent property appreciation, making this a highly profitable venture...
  • Growth Market: The proximity to major thoroughfares and the constant growth in commercial and residential developments make this an ideal time to invest.
This is a rare opportunity for developers looking to capitalize on one of Pretoria's high-demand residential areas. Create a desirable cluster housing development that brings style, convenience, and quality living to a thriving community!

The three properties rezoned for “Residential 3” is owned by a (Pty) Ltd, which would enable transfer to a developer seamlessly. The owners (Pty) Ltd also guarantees the successful consolidation of the properties, as well as the rezoning to “Residential 3” in order to develop a single Residential
  • Development on the three properties.
  • Zoning - Res 3
  • Parking Provided - 55 (required 36)
  • Hight allowed - 2 storeys
  • Coverage allowed - 50%
  • 24 unit site plan from 76sqm - 96sqm

Call us today for a viewing!!!

Location

Elarduspark, Pretoria, Gauteng

Data

Object TypeVacant Land
Purchase PriceR11,750,000
Living Space3743 m²
Plot Size3743 m²
BathroomsN/A
Construction YearN/A
ConditionNot specified
RoomsN/A

Financial Information

RatesN/A
LevyN/A
Special LevyN/A

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