7,851m² Vacant Land For Sale in Faerie Glen
R18,538,000
Monthly Bond Repayment R185,079.66
Calculated over 20 years at 10.5% with no deposit.
Web Ref
PR5429
Development in Faerie Glen
An exceptional opportunity to secure one of the last prime development sites in Faerie Glen, with full Residential rezoning already approved.
Key Features
• Size: 7,851m²
• Zoning: Residential 4
• Bulk Electrical Contributions: Paid in full
• Status: Ready-to-develop with approved plans available
Development Potential
Option 1: Multi-storey Apartment Complex
• Up to 62 units (±75m² each)
• Each unit includes 1 lock-up garage + 1 undercover bay
• Total build footprint: ±4,650m²
• Plans include site works, services, paving, and access roads
Option 2: Three-Phase Apartment Development
• Phase 1: 24 units
• Phase 2: 17 units
• Phase 3: 21 units
• Units sized 75m² to 145m² – perfect for a diverse buyer market
Why Invest Here?
• Prime position in Pretoria East’s most desirable suburb
• Strong growth and rental demand in the area
Contact me today for a viewing.
Key Features
• Size: 7,851m²
• Zoning: Residential 4
• Bulk Electrical Contributions: Paid in full
• Status: Ready-to-develop with approved plans available
Development Potential
Option 1: Multi-storey Apartment Complex
• Up to 62 units (±75m² each)
• Each unit includes 1 lock-up garage + 1 undercover bay
• Total build footprint: ±4,650m²
• Plans include site works, services, paving, and access roads
Option 2: Three-Phase Apartment Development
• Phase 1: 24 units
• Phase 2: 17 units
• Phase 3: 21 units
• Units sized 75m² to 145m² – perfect for a diverse buyer market
Why Invest Here?
• Prime position in Pretoria East’s most desirable suburb
• Strong growth and rental demand in the area
Contact me today for a viewing.
