Approved development opportunity for 62 apartment units on 7850 m² in Faerie Glen.
APPROVED DEVELOPMENT OPPORTUNITY IN THE FAERIE GLEN AREA
ZONING:
Approved Residential 4 for 62 units
DEVELOPMENT:
Development Opportunity: Plans for 62 Apartment Units
1.0Consisting of: 3 blocks of 3-storey apartments
1.112 Units of 119.5m2
1.2 6 Units of 131m2
1.3 31 Units of 78.5m2
1.4 13 Units of 90m2
2.Phase 1 : 24 units
3.Phase 2 : 17 units
4.Phase 3 : 21 units
OR
1 Six story high-rise with 3 different elevations
Faerie Glen is situated close to all amenities and major routes.
Please call me now for more information and a viewing appointment.
The sale includes:
- Electrical bulk services have been complied with and paid for.
- Price Excluding VAT
Contact me today for a viewing and consultation!!!!!
Listed for sale at R17,000,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 177 listings in Pretoria (town)
Insight
Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 85% above the median. Land size is 286% 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
Affordability
R 166,879 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
177 similar listings
High similar land inventory town-wide (Pretoria)
Median time on market: 120 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
Faerie Glen is a well-established, family-friendly suburb offering a blend of residential tranquility and convenient access to urban amenities.
* Distances and amenities are approximate.