Property description

Approved for 52 Units | Pretoria East

Total acquiring costs: R3 610 000.00

No VAT or Transfer Duty payable.

• Land Price: R1 200 000

• Option Price: R2 410 000

• Size of land: 1 ha (10 024 m²)

Project Overview

An exceptional investment opportunity in Pretoria East! This nearly approved residential project offers a total of 52 ground-floor units across 6 modern boarding homes, designed for optimal tenant comfort, community living, and long-term value.

Each boarding home is thoughtfully planned and may qualify for a Sectional Title Scheme, offering future flexibility and excellent exit potential.

Unit & Building Breakdown

Each Boarding Home Includes:

• 1-Bedroom Townhouse for the on-site caretaker

• Bachelor Units:

o 7 or 8 units per home, each with a private garden

• Common Living Facilities:

o Spacious open-plan lounge, dining area, and home theatre

o Braai patio – ideal for socializing, game nights, sports viewing, and family gatherings

o Kitchenette for shared or meal-ordered dining

• Parking & Storage:

o 1 Carport per unit

o 1 Private storeroom per unit (6 m²)

Boarding Home Configuration

4 Boarding Homes

• 8 units each:

o 1 × 1-bedroom unit

o 7 × bachelor units

• 8 carports + 8 storerooms

• 1 shared lounge, dining area & braai patio

2 Boarding Homes

• 7 units each:

o 1 × 1-bedroom unit

o 6 × bachelor units

• 7 carports + 7 storerooms

• 1 shared lounge, dining area & braai patio

Additional Communal Features

• Launderette for convenient tenant use

• Vegetable garden maintained through a resident “green fingers club”

• Designed for low-maintenance, community-focused living

This is a rare and highly attractive development opportunity in one of Pretoria East’s fastest-growing residential nodes. Ideal for developers, social housing providers, and long-term investors.

???? Call, WhatsApp, or email me today for more information or to arrange a viewing.