Vacant Land / Plot for Sale in Silverton
- R7,500,000
Property Description
2.2072 Ha Zoned and Serviced Residential Development Vacant Land FOR SALE in SILVERTON EXT 13
INVESTMENT OPPORTUNITY OF A LIFETIME
Silverton Ext 13 is a historically zoned and serviced township located at the foot of Silverton Ridge adjacent to the Pretoria National Botanical Gardens in Silverton, North East of Pretoria.
The general area boasts a number of key employers, including SAPS Tshwane Flying Squad, SAPS Vehicle Repair Centre and Scrap Yard, SAPS Stores, SAPS Processing and Storage, National Prosecuting Authority, Hawks, Council for Geoscience, Agricultural Research Council of SA, CSIR, SANBI as well as Ford SA.
The location of the property is in close proximity to the above employers and ensures a strong supply of first time home buyers in the middle income segment.
Due to the development maturity of the residential properties in Silverton, a fresh development of new residential units should be in high demand.
Attempts to develop the property since the late 1990’s was met with resistance from the Department of Environmental Affairs and after more then 25 years a settlement was reached with regards to development of the property. The diagram indicates a development portion and a No-Go portion which must be preserved as natural area. The no go development portion may be developed with hiking and biking trails as well as rest and relaxation areas but no commercial development may be done on this said area.
Given the historic nature of the zoning all bulk services are reserved and on site, meaning that no bulk service costs needs to be paid.
These 2 stands will be sold as a unit.
Total Land Size: 2.2072 Ha
Coverage: 30% 5 970,6 m2
F.A.R. 0,4: 7 961,2 m2
Height: 8 storeys
Zoning: Special XIV for Flats
Bulk Electricity: 273 Kva
Portion 0 of Erf 1821
Land Size: 1,2410 Ha
Coverage: 30% 3 072 m2
F.A.R. 0,4: 4 096,4 m2
Height: 8 storeys
Zoning: Special XIV for Flats
Bulk Electricity: 140 Kva
Portion 3 of Erf 1821
Land Size: 0,9662 Ha
Coverage: 30% 2 898,6 m2
F.A.R. 0,4: 3 864,8 m2
Height: 8 storeys
Zoning: Special XIV for Flats
Bulk Electricity: 133 Kva
Additional documents available on request includes:
1.Zoning Certificates.
2.Bulk Service Connection Locations.
3.Confirmation of electrical supply.
4.Surveyor General Diagrams.
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