Student-focused development opportunity a short walk from Gautrain and University of Pretoria — pre-zoned, allows up to 12-storeys and high-density redevelopment across 2,552 m².
Pre-Zoned for Special- Student housing or Dwelling Units.
2 Adjacent Stands of 2,420 S/qm with both with Houses.
This property is ideally situated in close proximity to the Gautrain and the University of Pretoria.Due to the shortage of student accommodation and good demand for residential accommodation this is a great investment.
The Local Authority will allow for a F.A.R (Floor Area Ratio) of 3.0 and a height of 12 Storeys.This would allow a maximum bulk of 7,656 m2 OR 255 living units, depending on the design with parking usually an influential factor in determining the amount of F.A.R that is functional.
The property is located in a high density area and also near the BRT (Bus Rapid Transit).It`s locality is characterized as a `Concentration Zone` within 1 km walking distance from the public transport node (Gautrain BRT).
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Listed for sale at R8,500,000
Hatfield is a vibrant and bustling suburb known for its proximity to the University of Pretoria, offering a lively atmosphere with a mix of student life, commercial activity, and residential areas.
* Distances and amenities are approximate.