Property Details

NO LOAD SHEDDING. I am thrilled to share the exciting news that our development project in Faerie Glen has received official approval from the Tshwane Council on 30/8/2022, securing a highly sought-after RESIDENTIAL 4 zoning. This approval empowers us to construct a 4-storey building, facilitating the creation of 44 flats. The generous buildable area spans 2453 sqm, allowing for an estimated 55.3 sqm per unit. The site is an attractive proposition within a prime location close to important landmarks such as schools, shopping malls like Menlyn Mall/Menlyn Main, Atterbury Value Mart, Pick a Pay Huyper and major thoroughfares like the N1 freeway. The buildable area of this property is 2453 m², and it offers 44 flats in a 4-story building with 59 parking spaces. The site is connected with a 250 GB fiber line. On stand no 195, there is a borehole that can be used for the development. The developer can alter the design to suit his needs, such as switching to a 33-apartment, 3-story building for a more upscale construction that will reduce the bulk services account. Two houses currently on the stand will need to be demolished. Bulk services are projected to cost R1.2 million and are for the buyer. For more detail and viewing, contact me!!