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R6,200,000 | 1Ha Vacant Land For Sale in Penina Park

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R6,200,000

Monthly Bond Repayment R63,995.68
Calculated over 20 years at 11.0% with no deposit. Change Assumptions

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Development opportunity

This large vacant stand has been zoned for Res 3, with FAR 1.8 and Coverage 60%. The Height of the buildings can be 3 stories, with
building lines 3m on the street and 2m on the sides. Parking 1 per unit/room and 1 per 3 for guests. The density is 64 units per ha. We are here to connect hearts to homes.

Polokwane is the capital city of Limpopo and is located in the Capricorn region of the province. The city was founded in the gold rush of the 1880s and was originally named Pietersburg after a well-known General Petrus (Piet) Jacobus Joubert. In February 2002, the city was renamed Polokwane, a Northern Sotho word which means "Place of Safety."
This young city is the largest in Northern South Africa and is a bustling and vibrant metropolis. It's a beautiful city surrounded by tree-lined suburbs and fascinating townships and rural villages. With the low crime statistics, Polokwane is true to its name "Place of Safety". Its schools produce good results and medical facilities are world-class.
Stemming from the detailed research conducted on the social, economic, physical, and institutional context of Polokwane, this SMART CITY 2030 plan set new objectives and strategic interventions for the city which, if implemented timeously and thoroughly, could usher in a new developmental path for the coming 16 years leading up to 2030. This document therefore firstly briefly explores one or more concepts relating to growth and development, whereafter the main and significant findings from the research conducted are highlighted as setting the stage for this plan. After that detailed cluster and sub-cluster-specific proposals are made to attend to the problem statement
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Maryna van der Merwe
Maryna van der Merwe
Principal Property Practitioner Registered with PPRA
(FFC 2023223954)
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Shakira Mahomed Ali
Shakira Mahomed Ali
Candidate Property Practitioner Registered with PPRA
(FFC 20237143869)
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Katryn Dorfling
Katryn Dorfling
Non-Principal Property Practitioner Registered with PPRA
(FFC 2023331422)
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