Vacant Land Residential for sale at 124 Lombardy Boulevard, Lombady Estate
Prime site in the heart of Lombardy Estate & Health Spa, surrounded by lakes and landscaped gardens — rezoned RES4 for six‑storey New York‑style luxury apartments, about 50 units, 9,436 m².
The Ultimate Opportunity for Developers: Acquire land in a successful estate that has been selected for the development of luxury New York-style apartments. The erf is uniquely positioned in the middle of Lombardy Estate & Health Spa's serene lakes and lush surroundings.
REZONING IS ALREADY IN PLACE - RES 4.
Due to the downsizing trend, the luxury apartment market is steadily growing. Affluent, middle-aged buyers look forward to moving out of traditional high-maintenance houses and into upmarket flats. Stylish, modern living, with reduced maintenance.
Lombardy piazza investors may request various hotel services, including housekeeping and concierge services. Being high-rise, these luxurious and exclusive apartments will enjoy an unhindered view of the Lombardy water lakes and beautifully landscaped gardens.
ERF USE;
Residential 4
LOCATION;
Uniquely positioned in the middle of Lombardy Estate's serene lakes and lush surroundings.
SIZE;
9436 M2
BUILDING LINES;
3M from street boundaries.
HEIGHT;
Shall not exceed 6 storeys
DESCRIPTION;
New York-style apartments
NUMBER OF UNITS;
+/- 50 Luxury units
AVERAGE UNIT SIZE;
Dependent on the final concept design
FLOOR AREA RATIO (FAR);
Shall not exceed 1.2
PARKING;
As per the town planning scheme
COVERAGE OF BUILDING;
Will be in accordance with the approved site development plan
Listed for sale at R11,500,000
Compared with 179 active listings in Pretoria.
Insight
Priced 621% above the local median — and above the typical range for Pretoria.
The premium partly reflects the larger land size; buyers should still compare condition, position, zoning and services before deciding. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Premium priced · based on 178 listings
Large at a premium · based on 178 listings
Market depth
179 listings
Similar homes town-wide
148 days
Median time on market
Many similar homes
Active across Pretoria
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Paradiso is a quiet, well-established residential enclave in Pretoria that offers residents a peaceful suburban lifestyle with convenient access to the city's major commercial hubs and essential amenities.
