Prime Vacant Land in the Heart of Town: Ideal for Student Accommodation Devel...

Property Details

Introduction: Unlock a world of possibilities with this exceptional investment opportunity! We proudly present a strategically located vacant land parcel situated at the very center of town, offering unparalleled potential for developers. This prime piece of real estate is within close proximity to both the University of Pretoria and Tshwane University of Technology (TUT), making it the perfect canvas for the creation of much-needed student accommodation. With the potential to construct up to 12 storeys, an abundance of transportation options, and the promise of a thriving rental market, this investment beckons to visionary developers. Property Highlights: 1. Ideal Location for Student Accommodation: Strategically positioned near two prominent universities, the University of Pretoria and Tshwane University of Technology (TUT), ensuring a steady demand for student housing. Catering to the academic community, this land presents an excellent opportunity to meet the housing needs of students, faculty, and staff. 2. Exceptional Development Potential: Zoned for up to 12 storeys, this vacant land parcel provides ample room for a high-rise student accommodation complex, maximizing the utilization of the space. The vertical development potential ensures an impressive return on investment and significant rental income potential. External bulk services are already in place. 3. Transportation Hub: The property's central location guarantees easy access to various modes of transportation, including bus routes, taxi's and uber. Convenience in commuting is a significant draw for potential tenants, making this location even more attractive for a student housing development. 4. Investment Opportunity: This vacant land represents a remarkable investment opportunity for developers looking to capitalize on the growing demand for student housing. With the ever-expanding student population, the potential for long-term, steady rental income is substantial. Conclusion: This centrally located vacant land, in close proximity to the University of Pretoria and Tshwane University of Technology (TUT), presents an exciting prospect for visionary developers. With the flexibility to build up to 12 storeys high and an ideal location for student accommodation, the investment potential is undeniable. Add in the ease of transportation access and the promise of a thriving rental market, and you have a rare opportunity to create a landmark development in the heart of town. Act now to secure this prime real estate, and be part of the transformation of this vibrant urban hub. Contact me today to take the first step toward a highly profitable and rewarding investment venture.