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Create a vibrant community in a well-located parcel with steady rental income and approved rezoning for 32 sectional units; two houses on 2,728m², nine bedrooms, four bathrooms.
Recently re-zoned and approved for use Residential 4 to develop 32 sectional title units.
Two full title houses adjacent to each other totaling to 2728m2 land size still to be consolidated by the purchaser and also to apply for bulk service.
The two properties are currently let out on a monthly basis with a total income of R30 000 per month.
BUY, DEVELOP, MAKE PROFIT!
SOUNDS GOOD?
YOU BET!
Listed for sale at R10,000,000
Price reduced by 21.2% to R7,880,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 396 listings in Pretoria (town)
Insight
Priced above the median for similar properties in the area.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Affordability
R 77,354 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
396 similar listings
High similar-home inventory town-wide (Pretoria)
Median time on market: 125 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Waterkloof Glen is a well-established, family-friendly suburb known for its leafy streets, secure environment, and proximity to excellent amenities, making it a desirable residential area.
* Distances and amenities are approximate.
