Prime Residential Development Opportunity | RES 4 | Faerie Glen, Pretoria East
Prime Residential Development Opportunity | RES 4 | Faerie Glen, Pretoria East
Rare, fully approved development site in the greater Faerie Glen area, ideally located on Atterbury Road—one of Pretoria East’s most established and in-demand residential corridors.
This Residential 4–zoned property offers immediate development potential with approved rights in place, making it an excellent opportunity for developers and investors seeking certainty, flexibility, and strong returns.
Zoning & Development Rights
Zoning: Approved Residential 4 (RES 4)
Approved Development:
44 flats
4-storey building
59 parking bays
Total buildable area: 2,434 m²
Average unit size: ±55.3 m²
Flexible Development Options
The approved scheme allows for design flexibility:
Layout may be amended to suit specific market requirements
Option to develop a 3-storey building with approximately 33 units
Ideal for a more upmarket residential offering
Reduced bulk services contributions under a lower-density option
Key Features & Infrastructure
250GB fibre line already connected
Borehole on Erf 195, available for use in the development
Established municipal services
Infrastructure in place—reducing development risk and upfront costs
Financial Information
Price not VAT applicable
Transfer duty payable by purchaser
Location Highlights – Faerie Glen
Well-established and popular suburb in Pretoria East
Close to shopping centres, schools, medical facilities, and amenities
Easy access to Atterbury Road, Solomon Mahlangu Drive, and the N4
±15 minutes to Pretoria CBD
±30 minutes to OR Tambo International Airport
This is a highly attractive, ready-to-develop opportunity in a proven residential node with zoning certainty, flexibility, and strong market demand.
Contact the agent today for further information or to arrange a private viewing.