R 32 500 000 | land property for sale in theresapark

FAIRWAY VILLAS DEVELOPMENT REPORT Location: Theresa Park X63, Acacia Golf Estate, Pretoria North ________________________________________ SECTION 1: DEVELOPMENT OVERVIEW 1.1 Project Summary • Development Name: Fairway Villas • Location: Theresa Park X63, Acacia Golf Estate, Pretoria North • Coordinates: 25º39'31.00"S, 28º08'04.00"E • Erf Size: 2.4 Hectares • Development Type: Sectional Title • Zoning: Residential 3 • Units: 300 (1-bedroom study and 2-bedroom units) 1.2 Key Project Attributes • Full support from City of Tshwane for higher density • Prepaid electricity meters in all units • Services (water, sewer, roads, stormwater) already installed • Power supply via approved energy-efficient devices • Security: 24-hour manned access, electric fencing, patrols • Golf course-facing units in a fully integrated Golf Estate • Modern country architectural theme for entry-level to mid-market ________________________________________ SECTION 2: DEVELOPMENT STATUS AND RIGHTS 2.1 Legal and Planning Compliance • Originally approved under Theresa Park X44 (full title) • Revised to Theresa Park X63 (sectional title) with development rights transferred • Full compliance with Chapter III Part C of the Town-Planning and Townships Ordinance, 1986 • Awaiting final written council confirmation for density rights (300 units) 2.2 Development Rights and Infrastructure • Bulk service approvals carried forward from X44 • Council-approved top structure layouts • Electrical service agreement pending capacity availability • Consolidation of Erven 1 and 2 approved • Traffic impact study completed • Environmental compliance per GDARD regulations ________________________________________ SECTION 3: FINANCIAL OVERVIEW 3.1 Financial Summary Item Amount Purchase Price (Land) R32,500,000 Add: VAT @ 15% R4,875,000 Total Land Cost (incl. VAT) R37,375,000 Development Costs (300 Units) R68,000,000 Total Project Cost R105,375,000 Total Revenue (300 × R449,999) R134,999,700 Envisaged Profit R29,624,700 Projected ROI 28.11% Selling Price Per Unit R449,999 ________________________________________ SECTION 4: SITE & LIFESTYLE BENEFITS 4.1 Location Benefits • Adjacent to Acacia Golf Course (upgraded to grade 5 standard) • Easy access to Rosslyn Industrial Area, Brits Mining Belt, and BMW Manufacturing Plant • Surrounded by established shopping malls and schools: o Wonderpark Shopping Mall (3 km) o Pretoria North Shopping Centre (2 km) o Gerrit Maritz High School and Theresa Park Primary 4.2 Estate Amenities • Access to 18-hole golf course and driving range • Membership available to Acacia Country Club • On-site clubhouse with restaurant, bar, lounge, pool room, boardroom, and function halls • Landscaped green areas (5,400m²) • Children’s play areas (minimum 4m² per unit) • 372 secure parking bays • All driveways paved and stormwater drained ________________________________________ SECTION 5: UNIT DESIGN & TARGET MARKET 5.1 Unit Configuration • Total Units: 300 • Type A: 1-Bedroom Study • Type B: 2-Bedroom Apartments • Architecturally designed to suit young professionals, new families, and investors 5.2 Target Market • First-time homeowners • Upper-tier mining sector personnel from Brits • Rosslyn automotive professionals (e.g., BMW plant staff) • Investors seeking rental yields or golf estate lifestyle offerings ________________________________________ SECTION 6: MARKET RESEARCH SUMMARY 6.1 Comparable Area Sales Property Type Sale Price Range Price per m² (Avg) 2-Bed Apartments R480,000 – R630,000 R6,200 – R7,800/m² 1-Bedroom Units R390,000 – R500,000 R5,800 – R6,800/m² Golf Estate Units R650,000 – R950,000 R7,000 – R9,200/m² 6.2 Investment Drivers • Growing buyer demand in Pretoria North driven by affordability and lifestyle • Increasing rental demand due to industrial expansion in surrounding areas • Comparable developments offer inferior amenities at higher cost • Fairway Villas offers a below-market entry price into a secure golf estate environment ________________________________________ SECTION 7: AGENCY LISTING DRAFT DEVELOPMENT LISTING – FAIRWAY VILLAS, ACACIA GOLF ESTATE Price: From R449,999 Ownership: Sectional Title Units: 1-Bedroom Study and 2-Bedroom Options Location: Theresa Park X63, Pretoria North Fairway Villas is an exclusive sectional title development integrated with Acacia Golf Course. Priced for immediate uptake, this development offers security, lifestyle, and long-term returns. With proximity to Wonderpark Mall, BMW Rosslyn, and multiple schools, it caters directly to young professionals and growing families. Each apartment features modern country-style finishes, secure parking, and prepaid utilities. Residents enjoy full access to the upgraded golf course and estate amenities including a restaurant, function rooms, and recreational spaces. Ideal for: Homebuyers, rental investors, and professionals seeking a secure, green environment at unmatched value. NDA Notice: Full feasibility reports, zoning certificates, and architectural designs are available strictly on request and subject to a signed Non-Disclosure Agreement.