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Imagine neighbourhood living in Theresapark—2.1ha of vacant land with flexible zoning potential and development capacity up to 120 units/ha, steps from schools, shops and main routes.
Excellent investment opportunity in the growing suburb of Theresapark. This expansive vacant land offers outstanding potential for future residential development, making it ideal for developers and investors looking to capitalize on the increasing demand in the area.
With the possibility of developing up to 120 units per hectare, this property presents remarkable potential for a high-density residential project. Please note that no zoning has been completed, providing the new owner with the flexibility to pursue development applications according to their vision and requirements.
Well-positioned with convenient access to main routes, shopping centres, schools, and essential amenities, this property is ideally located for a future development project.
An exceptional opportunity to secure land with significant development potential in a sought-after and expanding area.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R9,745,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 18 listings in Akasia (town)
Insight
Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 40% below the median. Land size is 1706% larger than typical for similar land.
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
Key differences
Market depth
18 similar listings
Medium similar land inventory town-wide (Akasia)
Median time on market: 141 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
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Theresapark is a tranquil, family-oriented residential suburb in Akasia that offers a convenient lifestyle with easy access to essential amenities, major transport routes, and scenic northern Pretoria surroundings.
* Distances and amenities are approximate.
