This exceptional property presents a rare investment opportunity in one of Pretoria’s most sought-after areas. It currently generates a rental income of approximately R40,000 per month and comes with approved rezoning for 42 sectional title units, making it ideal for both investors and developers.
Whether you are seeking immediate rental returns or a high-yield development project, this property offers outstanding potential.
Key Features:
Current Rental Income: ±R40,000 per month, ensuring immediate cash flow
Rezoning Approved: Residential 4 zoning with approval for 42 sectional title units
Land Size: 2,130 m²
Development Potential: Suitable for high-density residential development, including apartments, townhouses, or flats
Prime Location: Situated in a highly desirable area, close to major transport routes, shopping centres, and key amenities
Infrastructure: Existing infrastructure in place, with scope for upgrades to support future development
This is a prime opportunity for investors looking to capitalise on a well-located property.
Approved Rezoning – Residential 4
Approved rights for 42 sectional title units
Attractive Development Land Cost
Approximately R226,000 per approved unit
Immediate Rental Income
± R40,000 per month
Large Development Stand
2,130 m²
Existing 11-bedroom property generating income
Prime Development Location
Located on Atterbury Road, a major Pretoria route