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Mixed Use Development Property In Klerksoord, Pretoria For Sale

Pretoria, Gauteng, South Africa
Asking Price:
R10,000,000
Sales Revenue:
R100M - R500M
Cash Flow:
R15M - R100M

This prime property is bisected by the main arterial Rosslyn Road. This road connects the Pretoria CBD with the nearby Rosslyn industrial area. It is a high potential mixed use development property suitable for both a modern residential development as well as a commercial / retail development.

Rosslyn Road bisecting the property into two separate portions daily carries high traffic volumes. This makes a retail shopping centre development on one section highly desirable. The portion suitable for a retail development is approximately 13,532 sqm in extend.

The larger portion, on the opposite side of Rosslyn Road is approximately 6,9 Ha in extend. This portion will allow a development density of between 414 - 552 units.

Property Information

Real Estate:

Real Property Included

Location:

Rosslyn Road, Klerksoord, Pretoria North

Premises Details:

Zoning Agricultural
Size: 1,3532 Ha + 6,8995 Ha = Total 8,2527 Ha

Size in square feet:
8,2527 Ha
Planning Consent:

Allowable development potential is 60 - 80 units per Ha.
414 - 552 residential units plus a retail centre of 6,766 sqm at an 50% allowable density.

Other Information

Furniture / Fixtures value:
R10,000,000