R 12 450 000

Vacant Land / Plot for Sale in Faerie Glen

Faerie Glen, Pretoria

2 434 m²
- m²: 2 434 m²
- Hectares: 0.243 ha
- Acres: 0.601 acres

Innovative Development Opportunity Awaits in Faerie Glen!

Introducing a remarkable opportunity for developers in the vibrant area of Faerie Glen! This property comes with approved RES 4 zoning, allowing for the construction of a modern residential development featuring 44 flats in a four-story building. With a generous buildable area of 2,453 square meters, this project promises to be a fantastic addition to the community.

Key Features:

Approved RES 4 Zoning: The property is ready for your development plans, ensuring a streamlined process as you embark on this exciting project.

Spacious Development: The design allows for 44 residential units, providing ample living space for families and individuals alike.

Ample Parking: The development includes 59 designated parking bays, catering to the needs of residents and their visitors.

Borehole on Site: A borehole is already available on the property, providing a sustainable water...

Introducing a remarkable opportunity for developers in the vibrant area of Faerie Glen! This property comes with approved RES 4 zoning, allowing for the construction of a modern residential development featuring 44 flats in a four-story building. With a generous buildable area of 2,453 square meters, this project promises to be a fantastic addition to the community.

Key Features:

Approved RES 4 Zoning: The property is ready for your development plans, ensuring a streamlined process as you embark on this exciting project.

Spacious Development: The design allows for 44 residential units, providing ample living space for families and individuals alike.

Ample Parking: The development includes 59 designated parking bays, catering to the needs of residents and their visitors.

Borehole on Site: A borehole is already available on the property, providing a sustainable water source for your future development.

The stands on this property are not consolidated, giving you the flexibility to design the layout that best fits your vision. While no architectural plans have been submitted to the council yet, this presents a unique chance for you to customize the project to your specifications.

It's important to note that bulk services have not yet been paid for, and these costs will be the responsibility of the purchaser. This offers an opportunity for strategic budgeting as you plan your development.

Location Benefits:

Faerie Glen is a highly sought-after area, known for its tranquil surroundings, excellent amenities, and family-friendly atmosphere. Residents will enjoy easy access to local shops, schools, and recreational facilities, making this development an attractive option for potential buyers and tenants. The neighborhood is well-connected to major roadways, ensuring convenience for commuters.

Investment Potential:

With the growing demand for residential units in Faerie Glen, this development opportunity stands out as a promising investment. The combination of approved zoning, a strategic location, and ample parking makes it an appealing choice for those looking to enter the residential property market or expand their existing portfolio.

Don't miss out on this chance to shape a new community in Faerie Glen! Whether you're an experienced developer or someone looking to make a mark in the property market, this opportunity is too good to overlook.

Contact us today to arrange a private viewing of this exceptional property or to gather more information.

Take the first step towards realizing your vision in Faerie Glen—opportunity awaits!

Listing number: P24-114999394, Image number: 1

Listing number: P24-114999394, Image number: 2

Listing number: P24-114999394, Image number: 3

Listing number: P24-114999394, Image number: 4

Property Overview

Listing Number

114999394

Type of Property

Vacant Land / Plot

Description

New Development

Lifestyle

Suburban

Listing Date

30 September 2024

Erf Size

2 434 m²

Pets Allowed

No

Building

Backup Water

Borehole

Other Features

Backup Water

Yes

Points of Interest

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