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1288 Glyn Lane , Hatfield, Hatfield, Pretoria Central And Old East, Gauteng
R 10 000 000
Prime Hatfield Development Site Built for High-Return Residential ProjectsUnlock a standout development opportunity in the core of Hatfield, Pretoria a proven high-demand rental hub with strong fundamentals for scalable residential projects.Perfectly positioned within walking distance of the University of Pretoria and the Hatfield Gautrain Station, this property offers exceptional accessibility and sustained demand from both students and young professionals.Key nearby nodes include the University of Pretoria Sports Campus about 900 m, the main University of Pretoria campus approximately 1.9 km, and Eduvos Pretoria around 6.5 km away. The Hatfield Gautrain Station is just 1.2 km from the site, providing seamless connectivity to major transport routes, retail hubs, and essential amenities all reinforcing the locations strength as a high-demand residential node.This 1,760m² site offers the kind of location developers look for: dense demand, transport connectivity, and long-term growth upside.Hatfield continues to outperform as a residential investment node, driven by its proximity to academic institutions, lifestyle amenities, and transport infrastructure. Demand for well-designed, high-density living solutions remains strong particularly in the student and young professional segments.The property is currently undergoing rezoning to support a development of approximately 210 beds in a two-storey configuration, with significant upside potential for higher density. Developers with the capacity to construct up to five storeys could expand the scheme to approximately 525 beds.Projected rental performance is highly attractive, with an estimated monthly income of R1.1 million based on a 210-bed development, and up to R2.6 million per month at full 525-bed capacity.This positions the site as a compelling, yield-driven opportunity for developers, further enhanced by the potential to secure direct accommodation agreements with the National Student Financial Aid Scheme NSFAS or the university.Various financial institution such as Industrial Development Corporation IDC, National Empowerment Fund NEF, Development Bank of Southern Africa DBSA, Gauteng Partnership FundGPF, National Housing Finance Corporation NHFC , Private Equity and commercial banks are available to fund this kind of project from project development to construction phase.Secure a high-potential site in one of Pretorias most active growth corridors and build where demand already exists. Show more Show less
Estimated monthly repayment
R 94 433
on a R 9 000 000 bond over 20 years at 11.25%
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1288 Glyn Lane , Hatfield, Hatfield, Pretoria Central And Old East, Gauteng
Listed by
Andile Mahlangu
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