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Waterkloof Glen, Waterkloof Glen, Pretoria, Gauteng
R 8 000 000
Looking for a prime area to develop? This is the one! Excellent Location: Ideally situated near the vibrant Menlyn Maine hub, within walking distance of top amenities. Development Potential: Zoning already approved for 32 sectional title units – planned as 4 blocks with 8 units each, up to 3 storeys high with designated parking areas. Property Details: Two adjacent full-title houses combined on a generous 2,728 m2 stand, ready for consolidation by the purchaser. Income Stream: Currently rented out, generating a monthly rental income of R30,000, offering immediate returns while development plans are finalized. Investment Highlight: Rare opportunity to secure a prime property with zoning in place, perfectly positioned for a high-demand residential development. Don’t miss this chance to invest, develop, and profit in one of Pretoria East’s most sought-after locations!
Estimated monthly repayment
R 75 546
on a R 7 200 000 bond over 20 years at 11.25%
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Waterkloof Glen, Waterkloof Glen, Pretoria, Gauteng
Listed by
Deon Zuma
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