R12,000,000 | 2,434m² Vacant Land For Sale in Faerie Glen

Prime Residential Development Opportunity | RES 4 | Faerie Glen, Pretoria East

Rare, fully approved development site in the greater Faerie Glen area, ideally located on Atterbury Road—one of Pretoria East’s most established and in-demand residential corridors.

This Residential 4–zoned property offers immediate development potential with approved rights in place, making it an excellent opportunity for developers and investors seeking certainty, flexibility, and strong returns.

Zoning & Development Rights

Zoning: Approved Residential 4 (RES 4)

Approved Development:

44 flats

4-storey building

59 parking bays

Total buildable area: 2,434 m²

Average unit size: ±55.3 m²

Flexible Development Options

The approved scheme allows for design flexibility:

Layout may be amended to suit specific market requirements

Option to develop a 3-storey building with approximately 33 units

Ideal for a more upmarket residential offering

Reduced bulk services contributions under a lower-density option

Key Features & Infrastructure

250GB fibre line already connected

Borehole on Erf 195, available for use in the development

Established municipal services

Infrastructure in place—reducing development risk and upfront costs

Financial Information

Price not VAT applicable

Transfer duty payable by purchaser

Location Highlights – Faerie Glen

Well-established and popular suburb in Pretoria East

Close to shopping centres, schools, medical facilities, and amenities

Easy access to Atterbury Road, Solomon Mahlangu Drive, and the N4

±15 minutes to Pretoria CBD

±30 minutes to OR Tambo International Airport

This is a highly attractive, ready-to-develop opportunity in a proven residential node with zoning certainty, flexibility, and strong market demand.

Contact the agent today for further information or to arrange a private viewing.