Opportunity to transform this grand old dame into a dream home or capitalize on its prime location for development. This property offers versatility and potential.
Overview: • 4 bedrooms, 3 bathrooms, and spacious living areas. • Kitchen perfect for gatherings, filled with the aroma of home-cooked meals and lively conversations. • Beautiful, well-maintained lawns ideal for entertaining and leisurely afternoons.
Location: • Gated – closed off street/cul de sac – excellent in terms of security • Prime location surrounded by businesses and amenities. • Walking distance to Gautrain bus stop. • Currently Zoned Residential 1 with potential for high-density development (up to 80 units per hectare on this size).
Development Potential: • Currently zoned for residential use, with the possibility to rezone for higher density. • Potential to build up to 8 units on the property (subject to rezoning).
Whether you're looking to create your perfect home or exploring lucrative development opportunities, this property offers a canvas of possibilities
For more information or to schedule a viewing, please contact us today. Your chance to make a significant investment in one of Pretoria's most sought-after neighborhoods – Menlo Park
Menlo Park borders other upmarket areas known as Waterkloof, Brooklyn and Lynnwood. Today these suburbs are known as the old east and boast some of the city's most high-end residential properties. Menlo Park is ideally situated in a central position near the N1 highway, within easy reach of the central business district. Therefore, it is just minutes away from upmarket and large entertainment facilities and shopping malls such as Menlyn Park and Brooklyn Mall. It is the site of Menlo Park High School and lies near the University of Pretoria.
The affluent suburb of Menlo Park in Pretoria's well-established Old East, has over the last 10 to 15 years seen tremendous redevelopment and modernisation. These changes mostly comprise the subdivision of traditionally huge erven and the erection of several modern-day executive-style apartment blocks, hotel apartments, cluster complexes and smaller estates.
The high demand for housing in this sought-after...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
