3 743 m² Land available in Elarduspark

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 Pretorias 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 Pretorias 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 3Parking Provided - 55 (required 36)Hight allowed - 2 storeysCoverage allowed - 50%24 unit site plan from 76sqm - 96sqm