Unimproved Land Brits

DEVELOPMENT OPPORTUNITY WITH APPROVED PLANS FOR 162 APARTMENTS – BRITS
ASKING PRICE: VAT INCLUDED

An exceptional opportunity for developers and property investors to acquire a substantial, well-positioned residential development site in Brits, with approved plans for 162 two-bedroom apartments.

The proposed sectional-title development comprises two components of 76 and 86 apartments, offering the purchaser the flexibility to develop the project in phases or implement it as a larger, integrated residential scheme.

The development process is already well advanced. Approved site-development and building plans are in place, the Section 82 proclamation has been issued, and bulk civil and electrical services have been installed. This represents a significant advantage for the purchaser, reducing the planning groundwork normally associated with a development of this scale.

PRIME AND CONVENIENT LOCATION:
The property is strategically situated close to Brits CBD, Magalies Hills Shopping Mall, Orbit TVET College, schools, healthcare facilities, employment centres, public transport routes and other essential amenities.

Its accessibility and proximity to major economic and educational centres support demand for affordable, conveniently located residential accommodation. The development is well suited to first-time buyers, young professionals, couples, smaller households and long-term residential tenants.

PROPERTY HIGHLIGHTS:
• Approved residential development for 162 apartments
• All apartments designed as two-bedroom units
• Development components comprising 76 and 86 apartments
• Approximately 1.5 hectares of development land
• Approved site-development and building plans
• Section 82 proclamation issued
• Bulk civil and electrical services installed
• Provision for a phased construction strategy
• Conveniently situated near Brits CBD
• Close to Magalies Hills Shopping Mall and Orbit TVET College
• Strong potential for sectional-title sales or long-term residential letting
• Suitable for developers, investment groups and institutional investors

INVESTMENT AND DEVELOPMENT POTENTIAL:
The scale of the approved development provides the purchaser with several potential implementation strategies. Apartments may be constructed and sold individually into the sectional-title market, retained as a substantial income-producing rental portfolio, or developed progressively in phases to align construction with funding and market demand.

The two-bedroom configuration addresses one of the most active segments of the local residential market, particularly among first-time homeowners, working professionals, couples and tenants seeking secure, affordable accommodation close to employment, education, shopping and transport facilities.

With the planning process substantially advanced and bulk infrastructure already available, the purchaser can focus on final feasibility, construction costing, funding and implementation rather than beginning the project at the initial land-use and approval stage.

A residential development opportunity of this scale—with 162 approved apartments, installed bulk services and a central location—is rarely available in the Brits property market.

Contact Jay Jacobs for further information, approved development documentation, building plans or to arrange a private site inspection.

All information is supplied in good faith and remains subject to verification. Architectural renderings are for illustrative purposes. Prospective purchasers must conduct their own financial, technical, legal and municipal due diligence and independently confirm the status and continued validity of all approvals, service capacities and development rights