Loading property...
+11
More Photos
This property is available for viewing. Contact the agent to confirm your attendance.
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
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R11,500,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 188 listings in Pretoria (town)
Insight
Priced above the median for similar land listings in the area. Land size is 404% 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
188 similar listings
High similar land inventory town-wide (Pretoria)
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
This property is available for viewing. Contact the agent to confirm your attendance.
Get an instant building insurance quote for this property in Paradiso
Get my price
Calculate your moving costs to Paradiso with the help of our moving partners.
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.
* Distances and amenities are approximate.
