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Live or invest in central Menlyn—walking distance to Inscape and Menlyn Mall, two rezoned stands approved for 32 sectional-title units; current houses yield R30,000/month rental income.
Two residential stands, which have been rezoned and approved for 32 sectional title units. 4 blocks with 8 units each up to 3 storeys high with designated parking bays.
Currently each stand has a full title house on it and generates a joint monthly rental income of R30 000, which can assist the purchaser whilst the plans for development of the sectional title units are finalized.
Situated within walking distance to Inscape, as well as Menlyn shopping centre. Excellent location.
Listed for sale at R7,500,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 192 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 122% above the median. Land size is 58% 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 73,623 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
192 similar listings
High similar land inventory town-wide (Pretoria)
Median time on market: 147 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.
