5,949m² Vacant Land For Sale in Ashlea Gardens

R12,600,000

Monthly Bond Repayment R125,795.87
Calculated over 20 years at 10.5% with no deposit.

Web Ref No RL49906

Lets build

Big Plans Start Here – Ashlea Gardens Development Goldmine!

Offices? High-Density Residential? Both?

Unlock the full potential of Ashlea Gardens with three adjacent erven—an incredible find that screams location, versatility, and ROI. Whether you're looking to develop premium offices or a high-density residential complex, this is your blank canvas

The Details That Matter:

• Erf 1: 1,983m²

• Erf 2: 1,983m²

• Erf 3: 1,983m²

• Total: 5,949m²

Current Zoning Potential:

• 2 adjacent Erven on Dely Road: Earmarked for offices

• 1 Erf on Club Avenue (directly behind Dely Road erven): Earmarked for High-Density Residential (80 units/ha)

Flexibility in Development:

Develop each erf individually:

• ±15 residential units per stand

• OR office development on Dely Road erven only

• Consolidate all three for greater impact:

• Up to 47 units with “Residential 3” zoning

• Three-storey apartment buildings permitted

• Mixed-use potential with possible special zoning

Documentation available:

• Consolidation plan plus Motivational memorandum for the consolidation of the three erven is available
• Motivational memorandum for the removal of the restrictive title conditions in deeds of transfer is also available.
• Zoning plan plus Motivational Memorandum in support of application for the amendment of Tshwane Town planning scheme in respect of the three erven.

Enjoy significant rental returns whilst you plan your development.

I look forward to chatting to you about this all in further detail.

Ashlea Gardens is an upmarket suburb in the east of Pretoria, Gauteng, South Africa, known for its residential properties, luxury apartments, and proximity to major highways like the N1 and N4. The area offers a range of accommodation options, from self-catering to guesthouses, and features amenities such as the Ashlea Gardens Office Park and nearby Menlyn Mall, providing residents with convenient access to shopping and entertainment