Premium Development Opportunity | Waterkloof Ridge

Ref # 2556675
R6,600,000
Property Details
330 Derrick Ave
4,145m²

MANDATED | FULLY ZONED & APPROVED | 9 DWELLINGS | CONCEPT PLANS INCLUDED | PRICE EXCLUDING VAT

An exceptional development opportunity in the prestigious and highly sought-after Waterkloof Ridge.

This prime property is fully zoned and approved for 9 residential dwellings, with an approved Site Development Plan (SDP) and concept plans already in place. With the development process well advanced, only the submission of the demolition date is required to finalise the building permit.

The property currently comprises two existing dwellings generating rental income, offering the added advantage of holding income while preparing for the proposed development.

DEVELOPMENT POTENTIAL

Designed for the creation of an exclusive 9-unit boutique residential estate, this opportunity offers developers the potential to deliver premium homes in one of Pretoria’s most established and desirable locations.

With limited development opportunities of this nature available in Waterkloof Ridge, the combination of approved plans, prime location and strong demand for quality residential property makes this an attractive investment proposition.

KEY FEATURES

  • Fully zoned residential development
  • Approved for 9 dwellings
  • Approved Site Development Plan (SDP)
  • Concept plans included
  • Building process substantially advanced
  • Two existing income-generating dwellings
  • Established, sought-after Waterkloof Ridge location
  • Excellent potential for a high-end boutique development
  • Price excludes VAT

Waterkloof Ridge is renowned for its prestigious address, security, excellent schools, embassies and convenient access to major business and lifestyle destinations. The location provides an ideal setting for a sophisticated residential development aimed at discerning buyers.

Supporting documentation, including the approved SDP and concept plans, is available to qualified buyers upon request and will be treated as confidential.

A rare opportunity to secure a development-ready property in one of Pretoria’s most coveted residential areas. Contact me today to arrange a private viewing and discuss the development potential.

Property Features
Property Type
Vacant Land Residential
Land Size
4,145m²
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