PRIME DEVELOPMENT OPPORTUNITY!!
Prime Residential Development Opportunity situated in the residential hub of Equestria in the East of Pretoria. This area is continually developing with new residential and commercial developments and is an outstanding established area with limited land left for further development.
Located near numerous well-known centers such as The Grove Mall, Willow Way Shopping Centre, & Lynnridge Mall. The Life Wilgers Hospital and numerous schools such as Hoërskool Die Wilgers, Willowridge High School, and Lynwood Ridge Primary School are also near the vacant land.
There is a proposed development plan for a “Retirement Centre” for Equestria Ext. 274 Township.
The City of Tshwane has approved an application by the seller to rezone the property to SPECIAL – RETIREMENT CENTRE, and the establishment of the Township Equestria Ext. 274. The township has not yet been proclaimed and no services agreements have been compiled or signed.
APPLICATION
- The property is 2.1856Ha (prior to any servitude deduction) with a nett area of 2.0996Ha
- The 2 consolidated stands are Zoned SPECIAL – Retirement Centre.
- Extension of time for the proclamation of the township was granted until August 2023.
- The prospective purchaser/developer will be responsible for the proclamation of the township.
The proposed township will consist of two erven zoned “Special” for a “Retirement Centre” with a maximum of 261 units, Coverage 50%, Height 3 storeys, FSR 1.0
Certificates, consolidations, etc. available on request.
