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For Sale Development Property Akasia In Pretoria North For Sale

Pretoria, Gauteng, South Africa
Asking Price:
R4,000,000
Sales Revenue:
R100M - R500M
Cash Flow:
R15M - R100M

For Sale Development Property Akasia In Pretoria North (2,2ha)

Introduction
"Welcome to an exceptional investment opportunity! We invite you to explore a prime development property strategically located in the heart of Heatherdale, Akasia Pretoria North. This property holds immense potential for developers and investors alike, and we're excited to present its unique features."

Location advantage
"Positioned on a prominent corner stand, this property enjoys unrivalled access to commuter routes, ensuring seamless connectivity for future residents. Moreover, its strategic proximity to major highways linking Pretoria CBC and Soshanguve adds to its allure, offering both convenience and accessibility."

Zoning and potential
"Spanning an expansive 2.2 hectares, this site boasts an agricultural zoning with a remarkable allowable density of 60 units per hectare. This zoning allows for the development of up to 132 residential units, making it an irresistible opportunity for developers seeking substantial returns on their investment."

Development management options
"For seasoned developers, this property provides the flexibility to leverage their professional teams, guaranteeing a seamless project management process from inception to completion. Alternatively, for investors seeking comprehensive guidance, we offer a full professional team ready to assist at every stage. This ensures that the property's full potential is realized, catering to a diverse range of investment preferences."

Existing structures and income generating
"Presently, the property boasts three existing houses that generate a monthly income of R16,000. Beyond their immediate revenue contribution, these structures hold potential adaptability within the overarching development plan, adding an extra layer of value to this enticing investment."

Property Information

Real Estate:

Real Property Included

Location:

7 Iris Road, Heatherdale AH, Akasia, Pretoria North

Premises Details:

Zoned Agricultural
Size 2,2 Ha

Size in square feet:
2,2 Ha

Business Operation

Expansion Potential:

Allowable development density is 60 units per hectare. This will allow for 132 residential units to be constructed on this property.

Competition / Market:

N/A

Other Information

Furniture / Fixtures value:
R4,000,000