New
- 3
- 5
- 587 m2
- 1 ha
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Mun. Rates & Taxes: ZAR 3124.00
Property description
For Sale: Prime 1.1 Hectare Property in Pretoria East – Perfect for Development, including a Kids Play Park
Selling Price: R6 990 000 (Including VAT)
Land Size: 1.1 Hectares
This exceptional 1.1-hectare property in the heart of Pretoria East offers a unique opportunity for investors and developers. With ample space and various existing amenities, this property is perfect for a family-friendly co-living environment, including the option to add a kids' play park or recreational area.
Key Features:
Spacious Industrial Kitchen, Store Rooms, and Offices
The property comes with a well-equipped industrial kitchen, storage rooms, and three offices, offering great flexibility for commercial or mixed-use development.
3-Bedroom Main House with 3 En-Suite Bathrooms
The main house spans 383 m² and includes three living areas, a guest toilet, study, and a large entertainment area. The property boasts a pool, double garage, and three carports.
Entertainment and Outdoor Areas
The large lapa previously used as a restaurant can be easily transformed into an entertainment space, ideal for community events or family gatherings. Braai facilities are in place, ensuring an inviting outdoor experience for residents or visitors.
Infrastructure and Utilities
80 Amps 3-phase KWA connection.
Electricity supplied by the City of Tshwane.
A diesel generator and water supplied by the municipality, with an additional borehole (160m deep) in daily use.
Irrigation system for the garden and a 10,000-litre water reservoir.
Development Potential
With approved plans for all buildings except for the lapa, and the possibility of applying for one or more of the 96 land use rights that you can apply for are available on farmland, the property offers incredible development flexibility. A children's play park, recreational area, wedding centre, school or a church would be a great addition, catering to families and enhancing the property's appeal.
Rental Income Potential
The main house can be rented out for R25,000 /month, with additional rental income from the offices, offering excellent investment potential.
Why Consider This Property for a Kids' Play Park Development?
Ample Space: With over 1 hectare of land, there's more than enough room to develop a spacious, safe, and engaging kids' play park, including slides, swings, and picnic areas or kiddies party venues, alongside green spaces.
Family-Oriented Area: The Pretoria East area is a prime location, offering easy access to residential areas and schools. A children’s play park would serve the surrounding community well, enhancing the property’s value and appeal.
Community-Centric Development: Adding a kids' play park would not only cater to young families, but also attract visitors to the area, boosting the property's potential as a recreational hub.
For more information or to schedule a viewing, please contact us today.
Don't miss out on this unique opportunity to develop a family-friendly space in a thriving Pretoria East location!
Property Details
- 3 Bedrooms
- 5 Bathrooms
- 3 Ensuite
Property Features
- Study
- Pool
- Pets Allowed
- Access Gate
- Kitchen
- Lapa
- Built In Braai
- Guest Toilet
- Irrigation System
Bedrooms | 3 |
Bathrooms | 5 |
Floor Area | 587 ha |
Erf Size | 1 ha |