2,434m² Vacant Land For Sale in Faerie Glen

R12,600,000

Monthly Bond Repayment R134,370.13
Calculated over 20 years at 11.5% with no deposit.

Web Ref No NPP74396

Great Opportunity on Prime Development

This land is located on Atterbury Road in the heart of Faerie Glen, close to various shopping malls and schools. Already zoned and approved for Residential 4. Allowing for 44 units in a 4-storey building. Each unit consists of 55.3m² and there will be 59 parking bays.
A potential buyer may change the layout according to his own specific needs. There is a borehole on the land and it can be utilized for the development. Fiber line is already on hand.
A great investment for the potential buyer. Please call the agent for further assistance and information.

The name of the suburb might conjure up images of faeries resting in mossy, tree filled vales, but in reality Faerie Glen sits on the southern slopes of the Bronberg Mountain, a popular, fairly old, large and developed suburb, in between Lynnwood and Garsfontein in Pretoria's eastern suburbs. It's a popular suburb in which to live as access in and out of Pretoria is a quick 15 minute trip, whilst OR Tambo airport is only 30 minutes away.

Features

Land Size 2,434m²

Extras Security Gate
House Style: Lifestyle
Views: Urban
Locality: Close To Schools
Locality: Close To Shops
Locality: Close To Transport
Water Supply: Town Supply
Sewerage: Mains