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R35,200,000
Prime Vacant Land in the Heart of Town: Ideal for Student Accommodation Development
Introduction:
Unlock a world of possibilities with this exceptional investment opportunity!
We proudly present a strategically located vacant land parcel situated at the very center of town, offering unparalleled potential for developers.
This prime piece of real estate is within close proximity to both the University of Pretoria and Tshwane University of Technology (TUT), making it the perfect canvas for the creation of much-needed student accommodation.
With the potential to construct up to 12 storeys, an abundance of transportation options, and the promise of a thriving rental market, this investment beckons to visionary developers.
Property Highlights:
1. Ideal Location for Student Accommodation:
Strategically positioned near two prominent universities, the University of Pretoria and Tshwane University of Technology (TUT), ensuring a steady demand for student housing.
Catering to the academic community, this land presents an excellent opportunity to meet the housing needs of students, faculty, and staff.
2. Exceptional Development Potential:
Zoned for up to 12 storeys, this vacant land parcel provides ample room for a high-rise student accommodation complex, maximizing the utilization of the space.
The vertical development potential ensures an impressive return on investment and significant rental income potential.
External bulk services are already in place.
3. Transportation Hub:
The property's central location guarantees easy access to various modes of transportation, including bus routes, taxi's and uber.
Convenience in commuting is a significant draw for potential tenants, making this location even more attractive for a student housing development.
4. Investment Opportunity:
This vacant land represents a remarkable investment opportunity for developers looking to capitalize on the growing demand for student housing.
With the ever-expanding student population, the potential for long-term, steady rental income is substantial.
Conclusion:
This centrally located vacant land, in close proximity to the University of Pretoria and Tshwane University of Technology (TUT), presents an exciting prospect for visionary developers.
With the flexibility to build up to 12 storeys high and an ideal location for student accommodation, the investment potential is undeniable.
Add in the ease of transportation access and the promise of a thriving rental market, and you have a rare opportunity to create a landmark development in the heart of town.
Act now to secure this prime real estate, and be part of the transformation of this vibrant urban hub.
Contact me today to take the first step toward a highly profitable and rewarding investment venture.
Arcadia, Pretoria
With the lilac splendour of Jacarandas as its trademark, Pretoria is located in the northern part of Gauteng Province and is the national administrative capital of South Africa, hosting the foreign embassies and diplomatic missions.
It's here where colourful people from all over gather; where bustling trade and scintillating nightlife is offset by the tranquillity of nature reserves. It's...
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
