Property description

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