Calling Developers And Investors To This Prime Property.
21.13 Ac lot
Updated: Today
About the Property
Dual Mandate awarded to us. Unlock the potential of this extraordinary estate nestled in the serene Eastern precinct of Pretoria. Tailored for discerning investors or developers, this property offers a canvas for transformative endeavors, boasting all necessary approvals and amenities on site. it stands ready for expansion into a residential haven with the capacity for 29 new residences.
Dual Mandate awarded to us. Unlock the potential of this extraordinary estate nestled in the serene Eastern precinct of Pretoria. Tailored for discerning investors or developers, this property offers a canvas for transformative endeavors, boasting all necessary approvals and amenities on site. it stands ready for expansion into a residential haven with the capacity for 29 new residences.
Key Features:
Expansive Landholding:
Spanning 8.5 hectares, with 10% coverage allowance, totaling 8500 square meters. Existing infrastructure occupies 2667 square meters, leaving ample room for further development totaling 5832 square meters. Construction is regulated by a two-storey height restriction, ensuring harmonious integration with the natural surroundings. Versatile Development Potential:
Active liquor license for a restaurant and lounge area expedites approved structures’ initiation. Development rights encompass standalone residences, chalets, or sectional title units, with sectional title schemes established and registered. Expansion rights for units with stand sizes ranging from 511 to 896 square meters. Plans approved for additional amenities including a lecture room, gymnasium, and squash court. Existing Amenities:
Well-appointed gatehouse and multipurpose hall with lounge, restaurant, bar, kitchen, and restroom facilities. Thatched pavilion complementing the venue, along with ancillary spaces like a boardroom and lecture hall. Accommodation offerings include en-suite double guest rooms, managerial residences, and self-catering chalets. Infrastructure for two boreholes, yielding 10,000 liters per hour, ensuring ample water supply. Seamless Transaction Process:
VAT registration applicable, with flexible contractual terms available to mitigate VAT obligations for a smooth transaction. Unparalleled Investment Opportunity:
Astute investors or developers can capitalize on enhancing the existing lodge or crafting a bespoke residential enclave tailored to modern lifestyles.
Pam Golding Properties, founded in 1976 by Life President, Mrs. Pam Golding, has cultivated a distinguished reputat
Pam Golding Properties, founded in 1976 by Life President, Mrs. Pam Golding, has cultivated a distinguished reputation as the leading independent real estate agency in the luxury property market, catering to discerning buyers and sellers across Southern Africa and the Indian Ocean Islands. Our approach is anchored in the core values of empathy, knowledge, experience, and integrity, which drive our commitment to delivering a unique real estate service that consistently surpasses expectations. Recognised as the most awarded real estate company in South Africa, the Pam Golding Property Group has also achieved international acclaim, being honoured as the Best Real Estate Agency in the world at the prestigious International Property Awards. We take pride in our legacy and remain dedicated to setting the standard for excellence in the industry.
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Last updated
Today
First listed
October 23, 2024
Listing reference
PRN1660579
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