Prime Development Opportunity: High-Density Residential Land Location: Portion 111 of the Farm Leeuwfontein 299-JR
An exceptional bulk development opportunity situated along the Sefako Makgatho Drive (R513) growth corridor in Pretoria East. Spanning 24.8 ha), this property offers approved rights for a high-density "Plot & Plan" or serviced stand residential estate tailored for the entry-to-mid level housing market.
Township Rights & Technical Survey Highlights
· Approved Township Rights: Formally approved by the City of Tshwane Metropolitan Municipality on 7 November 2024 (Plan CPD/LFX28/04).
· Approved Yield & Land-Use Allocation:
o 513 Residential 1 Erven: Covering ( of site area), averaging - per erf.
o 3 Public Open Space Erven: Covering ( of site area).
o Internal Road Network: Covering ( of site area).
· Detailed Technical Surveys Completed:
o Detail & Topographical Survey: detailing natural terrain contour lines, tree density, overhead power lines, and existing tracks.
o Draft Section 16 Diagrams: Complete
o Servitudes Mapped: Drafted Right-of-Way servitude ( over Portion 111) and Stormwater/Sewer servitude ( over Remainder of Portion 12).
o Traffic & Geotechnical Studies: Traffic Impact Assessment approved by Tshwane Transportation Planning; full Geotechnical classification completed.
Market Need & Demand Analysis
· Strategic Growth Corridor Location: Situated near Sefako Makgatho Drive (R513), the property bridges major economic nodes with direct access to regional transit routes, schools (Curro Roodeplaat, Leeuwfontein Primary), and retail centers (Mamelodi Square).
· Strong Absorption Rates for Plot & Plan Packages: Local market data shows rapid absorption for starter homes under R900k within secure developments. With 513 approved stands averaging - , Development is positioned to meet high buyer demand for gated community living at affordable price points.
· Turnkey Developer Advantage: Acquiring a site with full township layout approval and complete technical/servitude diagrams significantly reduces pre-construction lead times, allowing a developer to initiate civil works and presales rapidly.
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