Type

Term

Price range

Beds

Price range

R 11 500 000 | Vacant Land / Plot for Sale in Paradiso

124 Lombardy Boulevard Lombardy Estate Paradiso, Paradiso, Pretoria

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NO TRANSFER DUTY

Erf Size: 9 436 m²

Development Land for Sale in Lombardy Estate & Health Spa from Developer!

The Ultimate Opportunity for Developers: Acquire land in a successful estate that has been selected for the development of luxury New York-style apartments. The erf is uniquely positioned in the middle of Lombardy Estate & Health Spa's serene lakes and lush surroundings.

Rezoning is already in place - res 4.

Due to the downsizing trend, the luxury apartment market is steadily growing. Affluent, middle-aged buyers look forward to moving out of traditional high-maintenance houses and into upmarket flats. Stylish, modern living, with reduced maintenance.
Lombardy piazza investors may request various hotel services, including housekeeping and concierge services. Being high-rise, these luxurious and exclusive apartments will enjoy an unhindered view of the Lombardy water lakes and beautifully landscaped gardens.

ERF USE;
Residential 4
LOCATION;
Uniquely positioned in the middle of Lombardy Estate's serene lakes and lush surroundings.
SIZE;
9436 M²
BUILDING LINES;
3M from street boundaries.
HEIGHT;
Shall not exceed 6 storeys
DESCRIPTION;
New York-style apartments
NUMBER OF UNITS;
+/- 50 Luxury units
AVERAGE UNIT SIZE;
Dependent on the final concept design
FLOOR AREA RATIO (FAR);
Shall not exceed 1.2
PARKING;
As per the town planning scheme
COVERAGE OF BUILDING;
Will be in accordance with the approved site development plan

Property Overview

Listing Number

108137863

Type of Property

Vacant Land / Plot

Street Address

124 Lombardy Boulevard Lombardy Estate Paradiso, Paradiso

Description

Residential

Lifestyle

Country Club, Country Living, Estate, Fishing Estate, Security Estate

Erf Size

9 436 m²

Levies

R 3 636

No Transfer Duty

Yes

Rates and Taxes

R 5 000

Zoning

General Residential

Other Features

Security

Security 1

The Estate is completely safe with 24/h roaming guards, CCTV as well and electric fencing, Totally Fenced, Security Gate, 24 Hour Response, Intercom, Closed Circuit TV, Burglar Bars, 24 Hour Access, Guard House, Guard, Electric fencing, Perimeter Wall, Outdoor Beams, Boomed Area

Special Features

Special Features 1

The Estate Offers jogging trails as well as Beautiful Lakes and Gardens with a Tennis court. The Clubhouse is perfect for Parties and formal functions. The main park offers a soccer post and jungle gym, perfect for the kids! Pets are allowed., Tennis Court, Communal braai area

Height Restriction

6 m²

Nearby Public Transport

Bus, Minibus Taxi

Internet Access

ADSL, Fibre