Faerie Glen - MR666333

Land in Faerie Glen, Pretoria - East, Gauteng

R 15,000,000

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1.48ha
Faerie Glen - MR666333
Land in Faerie Glen, Pretoria - East, Gauteng
R 15,000,000
Land for Sale For Sale in Faerie Glen - MR666333
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Key Features

Services

  • Rates and Taxes R2500

Entertainment

  • Pool

More Features

  • Property Type - Land
  • Seller Type - Private Property
  • Erf Size - 1.48ha
  • Price per square erf meter - R1,013 per m2

MyRoof Stats

  • 4 Views
PID=666333 DID=690396 SID=1

Attention Developers and Investors: A Prime [hidden] ha Property with Unmatched Potential


This exceptional property presents a once-in-a-lifetime opportunity for developers and investors. Situated on a prime [hidden] parcel, it is ideally located for residential development, making it an invaluable asset for those looking to capitalize on its unique features and strategic position.


The property boasts two houses, each equipped with a swimming pool, one of which is indoors, providing a luxurious living experience. In addition to the main residences, there are four flats on the premises, all of which are currently rented out on a month-to-month basis. These existing buildings, while fully functional and generating rental income, represent only a fraction of the property's true value—the real opportunity lies in the expansive land it occupies.


Further enhancing the property's appeal is its access to natural water resources, including a borehole and a natural spring. These features not only add to the land's value but also offer sustainable water options for future development.


Significant progress has already been made towards unlocking the full potential of this property. An application for "Consent Use" to establish a "Place of Instruction" is currently in process with the City of Tshwane. Additionally, crucial reports on stormwater management, construction feasibility, and traffic impact have been completed, laying a solid foundation for future development projects.


The property's location is another major asset. It is within walking distance of the Dischem Centre at the corner of Solomon Mahlangu and Haymeadow, as well as the M&T Business Park. These nearby amenities, coupled with the convenience of various shopping and business centers, make this property an ideal choice for residential development.


In conclusion, this prime [hidden] property offers an unparalleled opportunity for development in a highly desirable area. With its existing structures, natural resources, and strategic location, it stands as a rare investment opportunity that promises significant returns. Developers and investors should act swiftly to secure this valuable asset and unlock its full potential.

Neighbouring Areas

Faerie Glen , Lynnwood Glen , Lynnwood Park

Areas in this Region

Arathorn Estate , Ashlea Gardens , Bellevue , Boardwalk Manor Estate , Boardwalk Meander Estate , Boardwalk Villas , Boschkop , Bronberg , Brummeria , Clearwater Flyfishing Estate , Constantia Glen , Constantiapark , Cormallen Hill Estate , Country Lane Estate , Country View Estate , Die Wilgers , Donkerhoek , Elandsfontein AH , Elarduspark , Equestria , Erasmuskloof , Garsfontein , Georgeville , Grootfontein , Grootfontein Country Estates , Heron Hill Estate , Kameelzyn Kraal , La Montagne , Lindopark , Lombardy Estate , Lydiana , Lynnwood Manor , Lynnwood Ridge , Meadow Heights , Menlyn , Meyerspark , Mooikloof , Mooikloof Gardens , Mooikloof Ridge , Mooiplaats , Moreletapark , Murrayfield , Newlands , Newmark Estate , Olympus , Olympus Country Estate , Olympus Heights Estate , Oukraal Estate , Pienaarspoort , Pretorius Park , Rietfontein JR , Rietvallei , Rietvalleirand , Rietvlei Heights Country Estate , Rietvlei Ridge Country Estate , Rietvlei View Country Estates , Salieshoek , Savannah Country Estate , Shere , Silver Lakes , Silver Lakes Golf Estate , Silver Stream Estate , Silverton , Silvertondale , Silverwoods Country Estate , Six Fountains Estate , The Glades , The Hills , The Meadows Estate , The Retreat , The Ridge Estate , The Wilds Estate , The Willows 340-Jr , Tiegerpoort , Tierpoort , Tijger Vallei , Tyger Valley , Tygerberg Country Estate , Val de Grace , Vista Valley , Waltloo , Wapadrand , Waterkloof Estates , Waterkloof Glen , Weavind Park , Willow Acres Estate , Willow Glen , Willow Park Manor , Wingate Park , Woodhill Golf Estate , Woodhill Lavender Estate , Woodlands Lifestyle Estate , Zwartkoppies , Zwavelpoort


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