Development for sale in Lynnwood Ridge, Pretoria, 2977 m²

Lynnwood Ridge, Pretoria, Gauteng

Development

ZAR 8,650,000

• 2,977 sqm
• 2,977 m² plot

Hey developers! Don’t miss this prime development site in the secure, boomed-off area of Lynnwood Ridge. With Residential 4 zoning already approved by the City of Tshwane, this property is ready for an exclusive residential project in one of Pretoria East’s most sought-after suburbs. Please arrange your viewing in advance. Zoning & Development Rights Residential 4 zoning – perfect for multiple dwelling units or a residential building. Approved for up to 30 units – ideal for high-density, profitable development. Prime Location Boomed-off, secure, and private. Close to top schools, shopping centres, Menlyn, Tuks, and business hubs. Just 2 km to the N1 & N4, with the Gautrain nearby and easy access to public transport. Upcoming upgrades on Lynnwood Road and future Gautrain expansion mean strong growth potential. Current Investment Already generating R36 000/month rental income from 2 houses on 2 stands, with a combined land size of 2 975 m². Please note: Consolidation of the two erven is still required. Development Potential Maximum 30 dwellings. 3 storey options. Flexibility to design modern apartments or luxury units for Pretoria East’s growing market. All approval document…