THERE ARE FEW PROPERTIES THAT MATCH THE HUGE POTENTIAL OF THIS 94 HECTARE TRACT OF PRIME LAND THAT FORMS PART OF THE TSHWANE URBAN EDGE
It is situated to the east of the city in an area where rapid development is currently taking place.
Successful application was made in 2005 to establish a township on the property.
The advantage of this now lapsed authorization, is that the property has been included in the Tshwane URBAN EDGE.
The formal inclusion in the sought after URBAN EDGE does not extend to all properties in vicinity.
There are a myriad of options available to the successful investor to either formulate a totally new concept, reconfigure the existing plans or to bring a fresh application based on the previously granted development plans.
The envisaged development included:
45 Full title residential stands (Residential 1) of which 3 dwellings are existing structures;
3 Erven with a total of 19 cluster units (Residential 2); 1 Stand for a business centre of ±1 880m2;
1 Stand for a Guesthouse of ±1 500m2;
1 Stand for Staff Housing, & Maintenance;
1 Stand being internal (private) roads and services;
1 Stand for conservation;
3 Stands for agriculture.
Currently existing improvements:
Three houses and two flatlets. Current rentals cover all the monthly expenses of the property.
Water – 2 boreholes – 19 000 liters/hour and 200 liters/hour.
The property is sold as is.
The property is situated on the side of a ridge with a general slope towards the Pienaars River, with other undulations and flat land.
Special information about the vicinity:
The property falls within the City of Tshwane Metropolitan Municipality and is 20 kms from the Pretoria CBD on the Lynnwood/Boschkop Road.
The Riverview Country Estate is situated on the banks of the Pienaars River.
It is 9 kms from the Lynnwood Road turnoff.
Close neighbourhoods are Silverlakes Golf Estate, Equestria and Garsfontien.
Nearby shopping centres are The Grove Mall, Atterrbury Value Mart and Woodlands Shopping Centre.
In the direct vicinity are the Boschkop SAPD, Wilgers Hospital, Kitty Hawk Aerodrome, N4 Gateway Industrial Park.
The Riverview Country Estate is adjacent to the Waterlake Eco Farm Estate Development – a security estate with residential units.
The following documents will be available to prospective buyer on request:
Environmental Scoping Report
Riverview Electrical Supply Status
Riverview Layout Plan P0963/08
Title Deeds (4 Title Deeds – being a total of 94.8210 hectare)
Tshwane Town Planning Scheme 2008
Summary Proposed Land Development Area Riverview Country Estate (P0963/08)