An exceptional opportunity awaits in Philip Nel Park, Pretoria West next to Tshwane University of Technology (TUT) with this expansive commercial land parcel, boasting a massive ERF size of 7150 m2. This prime development site presents a blank canvas for visionary investors and businesses looking to establish a significant presence in a rapidly developing area.
Strategically located with excellent access to major arterial routes and industrial networks, this property is perfectly positioned to become a logistical hub, an industrial park, or a substantial commercial complex. The generous land size allows for extensive development possibilities, including large-scale warehousing, distribution centers, manufacturing facilities, a retail park, a truck stop, or even a tailored mixed-use development, subject to zoning approvals.
This incredible investment prospect comprises:
\- 28 x 2-bedroom units
\- 3 x 1-bedroom units
\- 2× Studio units
\- 33 Covered parking spaces
\- Prepaid electricity meters
Projected income with bursary schemes:
\- Average rental income per unit: R8,000 - R10,400 per month
\- Total projected monthly income: R300 000 - R343,000
\- Annual projected income: R4 116 000
Unleash the full potential of this rare offering. With ample space for future expansion and custom-built structures, this plot is an investment into the future, providing unparalleled flexibility for various commercial ventures. Secure your foothold in Philip Nel Park and capitalize on the growing demand for well-located, large-format commercial real estate.
