Property description

An exceptional development proposition. 

A prestigious address.  

A proven sales or rental market.  

A project ready for the next stage of development.  

A rare, shovel-ready residential development opportunity in one of Pretoria's most sought-after investment locations. 

12-18 months saved! Bypass the municipal town planning and objection phases.   

The land may be developed as the developer desires, BUT what stands as a sure reality is the successful approved application of the BROOKLYN COMMUNITY ESTATE. Camera monitoring, Fully gated streets in off-peak periods, Operational booms and CCTV monitoring - all of this is planned. Construction starts with-in the next 2 months and booms to be operational by Dec 2026.

The property comprises two consolidated portions offered together as one outright land and land-rights sale. One portion currently accommodates an established older residence, which is currently generating rental income through student accommodation. Both properties provide the development land for the proposed project.

SHOVEL-READY DEVELOPMENT

The property has been earmarked for a 31-unit secure residential development, providing an attractive mix designed to meet the strong demand for well-located accommodation in this highly sought-after precinct.

The complete Developer Data Pack-including the Tribunal written judgment, architectural layouts, and municipal bulk calculations can be made available 

The proposed development comprises:

- 28 one-bedroom open-plan layout residential units (Projected marketing prices: R1 140 000- R1 240 000)
- 3 two-bedroom modern, stylish, open plan residential units. (Projected marketing prizes: R1640 000- R 1740 000)
- 31 residential units in total

Projected rental income is estimated at approximately R9,500 to R12,500 per unit per month, positioning the development to appeal to a broad and resilient rental market comprising students, young professionals, corporate tenants and property investors. 

Technical assets in hand: 

Final Geotech Report and demolition Certificate 

Municipal Planning Tribunal Written Judgement  

Architectural SDPs & Engineering Agreements 

AN UNPARALLELED LOCATION

Location is undoubtedly one of this property's greatest assets.

Situated within close proximity to the University of Pretoria (Tuks), the property is perfectly positioned to capitalise on the substantial and consistent demand for quality residential accommodation generated by students, academics and young professionals.

The surrounding area also offers exceptional access to some of Pretoria's most prestigious educational institutions,
including Pretoria Boys High School, Pretoria High School for Girls and Afrikaanse Hoër Meisieskool, as well as numerous other established schools in Pretoria's Old East.

For lifestyle and convenience: Brooklyn Mall, The Village and an extensive selection of restaurants, cafés, retail amenities, medical facilities and professional services are all within easy reach.

The property's proximity to embassies and diplomatic establishments further enhances the prestige and long-term
investment appeal of this sought-after location.

THE INVESTMENT PROPOSITION

This is more than simply a piece of development land. It represents an opportunity to acquire a strategically located, income-producing property with an established development concept and significant future residential potential. 

The combination of:

Prime Brooklyn location + consolidated land +existing rental accommodation + development rights + 31-unit residential scheme create a compelling proposition for a developer looking to enter or expand within Pretoria's established residential investment market.

A RARE OPPORTUNITY IN PRETORIA'S OLD EAST

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