Building For Sale in Waterkloof Glen

R7,500,000

Web Ref No NPP72994

Prime Development Property at the Lowest Price!

Prime property with zoning to be approved for 24 or 32 sectional title units. Residential L4 zoning is still pending for final approval. It is situated within walking distance of Menlyn Maine and Menlyn Shopping Centre. Currently there are old houses on site with tenants. Ready to be taken over by a prominent developer!

Close to the Pretoria east suburbs of Constantia Park and Newlands, Waterkloof Glen lies on the other side of the N1 from Waterkloof and Waterkloof Ridge, known collectively as 'the waterkloofs' where the more upmarket and sedate style homes rest. Most of the neighbourhoods to the east of Pretoria are leafy and pretty. Homes here are, for the most part, big with large gardens, although there are a fair number of townhouse village-type affairs, favoured by those downsizing or starting out.