This 43ha development parcel is situated directly on the K14 (Cullinan Road), on the northeastern urban edge of Pretoria, west of the new township developments of Gem Valley and Glenway Estates and south of the already-approved townships Bloemendal Estates.
This prime location affords central access to major arteries and roads including the N1, K14 and the future PWV7, and also allows for travel access to the Pretoria CBD, Silverton, Watloo, Koedoespoort and Eerste Fabriek.
The City of Tshwane has identified the area as a priority growth area in terms of the Regional Spatial Development Framework of 2014 for Zone 5 and a subsequent detail township application was submitted to City of Tshwane during October 2014 and is currently in process of finalization.
The Environmental Scoping Report, Environmental Management Plan, Geotechnical Engineering Report, Traffic Impact Report and Bulk Services Proposals have also been completed.
Property market forces are active in the area and the potential for a residential development is high, especially in the entry-level and middle-income bonded residential market.
All-in-all the land parcel represents a strong opportunity for the development of a sustainable, well-located mixed commercial-residential neighbourhood; which development will be in alignment with Outcome 8 of the National Development Agreement.
Should you be in the market and wish to explore the possibilities of this opportunity, feel free to contact me for discussion.