Pre-Zoned for Special- Student housing or Dwelling Units
2 Adjacent Stands of 2,420 S/qm with both with Houses.
This property is ideally situated in close proximity to the Gautrain and the University of Pretoria.
Due to the shortage of student accommodation and good demand for residential accommodation this is a great investment.
The Local Authority will allow for a F.A.R (Floor Area Ratio) of 3.0 and a height of 12 Storeys.
This would allow a maximum bulk of 7,656 m2 OR 255 living units, depending on the design with parking usually an influential factor in determining the amount of F.A.R that is functional.
The property is located in a high density area and also near the BRT (Bus Rapid Transit).
It's locality is characterized as a 'Concentration Zone' within 1 km walking distance from the public transport node (Gautrain & BRT).
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