24,000m² Vacant Land For Sale in Theresapark
R32,500,000
Monthly Bond Repayment R335,461.23
Calculated over 20 years at 11% with no deposit.
Web Ref No FAIRWAY VILLAS DEVELOPMENT
Fully-Zoned 300-Unit Golf Estate Development -Serviced & Strategically Positioned - Investor Ready
FAIRWAY VILLAS DEVELOPMENT REPORT
Location: Theresa Park X63, Acacia Golf Estate, Pretoria North
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SECTION 1: DEVELOPMENT OVERVIEW
1.1 Project Summary
• Development Name: Fairway Villas
• Location: Theresa Park X63, Acacia Golf Estate, Pretoria North
• Coordinates: 25º39'31.00"S, 28º08'04.00"E
• Erf Size: 2.4 Hectares
• Development Type: Sectional Title
• Zoning: Residential 3
• Units: 300 (1-bedroom + study and 2-bedroom units)
1.2 Key Project Attributes
• Full support from City of Tshwane for higher density
• Prepaid electricity meters in all units
• Services (water, sewer, roads, stormwater) already installed
• Power supply via approved energy-efficient devices
• Security: 24-hour manned access, electric fencing, patrols
• Golf course-facing units in a fully integrated Golf Estate
• Modern country architectural theme for entry-level to mid-market
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SECTION 2: DEVELOPMENT STATUS AND RIGHTS
2.1 Legal and Planning Compliance
• Originally approved under Theresa Park X44 (full title)
• Revised to Theresa Park X63 (sectional title) with development rights transferred
• Full compliance with Chapter III Part C of the Town-Planning and Townships Ordinance, 1986
• Awaiting final written council confirmation for density rights (300 units)
2.2 Development Rights and Infrastructure
• Bulk service approvals carried forward from X44
• Council-approved top structure layouts
• Electrical service agreement pending capacity availability
• Consolidation of Erven 1 and 2 approved
• Traffic impact study completed
• Environmental compliance per GDARD regulations
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SECTION 3: FINANCIAL OVERVIEW
3.1 Financial Summary
Item Amount
Purchase Price (Land) R32,500,000
Add: VAT @ 15% R4,875,000
Total Land Cost (incl. VAT) R37,375,000
Development Costs (300 Units) R68,000,000
Total Project Cost R105,375,000
Total Revenue (300 × R449,999) R134,999,700
Envisaged Profit R29,624,700
Projected ROI 28.11%
Selling Price Per Unit R449,999
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SECTION 4: SITE & LIFESTYLE BENEFITS
4.1 Location Benefits
• Adjacent to Acacia Golf Course (upgraded to grade 5 standard)
• Easy access to Rosslyn Industrial Area, Brits Mining Belt, and BMW Manufacturing Plant
• Surrounded by established shopping malls and schools:
o Wonderpark Shopping Mall (3 km)
o Pretoria North Shopping Centre (2 km)
o Gerrit Maritz High School and Theresa Park Primary
4.2 Estate Amenities
• Access to 18-hole golf course and driving range
• Membership available to Acacia Country Club
• On-site clubhouse with restaurant, bar, lounge, pool room, boardroom, and function halls
• Landscaped green areas (5,400m²)
• Children’s play areas (minimum 4m² per unit)
• 372 secure parking bays
• All driveways paved and stormwater drained
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SECTION 5: UNIT DESIGN & TARGET MARKET
5.1 Unit Configuration
• Total Units: 300
• Type A: 1-Bedroom + Study
• Type B: 2-Bedroom Apartments
• Architecturally designed to suit young professionals, new families, and investors
5.2 Target Market
• First-time homeowners
• Upper-tier mining sector personnel from Brits
• Rosslyn automotive professionals (e.g., BMW plant staff)
• Investors seeking rental yields or golf estate lifestyle offerings
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SECTION 6: MARKET RESEARCH SUMMARY
6.1 Comparable Area Sales
Property Type Sale Price Range Price per m² (Avg)
2-Bed Apartments R480,000 – R630,000 R6,200 – R7,800/m²
1-Bedroom Units R390,000 – R500,000 R5,800 – R6,800/m²
Golf Estate Units R650,000 – R950,000 R7,000 – R9,200/m²
6.2 Investment Drivers
• Growing buyer demand in Pretoria North driven by affordability and lifestyle
• Increasing rental demand due to industrial expansion in surrounding areas
• Comparable developments offer inferior amenities at higher cost
• Fairway Villas offers a below-market entry price into a secure golf estate environment
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SECTION 7: AGENCY LISTING DRAFT
DEVELOPMENT LISTING – FAIRWAY VILLAS, ACACIA GOLF ESTATE
Price: From R449,999
Ownership: Sectional Title
Units: 1-Bedroom + Study and 2-Bedroom Options
Location: Theresa Park X63, Pretoria North
Fairway Villas is an exclusive sectional title development integrated with Acacia Golf Course. Priced for immediate uptake, this development offers security, lifestyle, and long-term returns. With proximity to Wonderpark Mall, BMW Rosslyn, and multiple schools, it caters directly to young professionals and growing families.
Each apartment features modern country-style finishes, secure parking, and prepaid utilities. Residents enjoy full access to the upgraded golf course and estate amenities including a restaurant, function rooms, and recreational spaces.
Ideal for: Homebuyers, rental investors, and professionals seeking a secure, green environment at unmatched value.
NDA Notice: Full feasibility reports, zoning certificates, and architectural designs are available strictly on request and subject to a signed Non-Disclosure Agreement.