R3,600,000
Monthly Bond Repayment R35,339.16
Calculated over 20 years at 10.25% with no deposit.
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FULLY APPROVED DEVELOPMENT OPPORTUNITY WITH BULK SERVICES PAID IN A HIGH-DEMAND LOCATION
1115sqm Stand | Rights for 4 Units | Designs & Approvals Included | Ready-to-Develop Package
Positioned on a 1115sqm stand in a quiet street of Menlo Park - walking distance to Greenlynn Village and Die Hoërskool Menlo Park - this property presents a rare, fully-approved development opportunity. With rezoning already granted, bulk services paid, and all designs, sketch plans and approvals included, the site is ready for immediate development. Whether you prefer to build four brand-new cluster units or renovate the existing structure and add additional dwellings, this offering provides unmatched flexibility for developers seeking a high-demand, centrally located project in Pretoria East’s most sought-after suburb.
Development Rights & Approvals:
- Erf Size: 1115m²
- Rezoning approved – rights to build up to 4 dwelling units.
- Zoning: 40 units/ha
- Bulk services fully paid, with engineering quotes in progress for water, sewer, stormwater and electricity.
- All documentation included (SDPs, designs, sketch plans and approvals.)
- Ready-to-develop package with no delays.
Two Development Options:
- Build 4 brand-new units of approximately 210sqm each. Full design & Site Development Plan (SDP) already prepared
- Renovate existing dwelling (±267sqm) and add 2 new units of ±180sqm each (Sketch plan included.)
Property Details:
- Quiet, tree-lined street.
- Walking distance to Greenlynn Village (restaurants, cafés, boutique retail.)
- Conveniently close to Die Hoërskool Menlo Park.
- Excellent central location near Lynnwood Road, Atterbury Road, N1 highway, UP and Menlyn.
Asking Price: R3 600 000
- Includes property, development rights, bulk service contributions, completed drawings, designs and approvals.
- Negotiable if purchaser wants rights only and prefers to use their own architect.