Property description

 R19,000,000 | PLUS VAT | 15,045 m² 

THE OPPORTUNITY IN 10 SECONDS 

- 220 units already approved (Government Gazette published) 

- Shovel-ready – all zoning, consolidation and density rights in place 

- GDV potential: from R121M to R143M - conservative to optimized 

- High rental demand area – strong absorption guaranteed 

 THE NUMBERS THAT MATTER 

What You Get 

Approved Units - 220 units Total - 58 plus 162 

 Land Cost - R19M Plus VAT  

Est. Build Cost - ±R85M @ R8,500/m² 

Conservative GDV - R121M at R550k per unit average 

Optimised GDV - R143M at R650k per unit average 

Potential Profit - Between R12M and R23M depending on sales strategy 

ROI - 10% to 19% 

OR Hold as Rental Portfolio: 

• Gross rental income: R14.5M/year 
• NOI after expenses: R10.2M/year 
• Portfolio value at 11% cap rate: R92M+ 

 WHY THIS WORKS 

1. FULLY APPROVED RIGHTS 

• Published in Government Gazette (Notices 263 & 264, 2009) 
• Section 82(1) certificate issued 
• Consolidation completed (SG Diagram 13073/2007) 
• No rezoning required – move straight to construction drawings 

2. BRITS IS BOOMING 

• Strong industrial and mining employment base 
• High demand for secure, affordable housing 
• Limited competition in high-density approved sites 
• Excellent rental absorption (4,800–6,200/month achievable) 

3. MULTIPLE EXIT STRATEGIES 

• Sectional title (sell-off units) 
• Build-to-rent (long-term income) 
• Hybrid model (sell some, rent some) 
• FLISP/GAP housing (government-backed demand) 

4. INFRASTRUCTURE READY 

• Water and sewer connection to site 
• Gated community layout approved 
• Internal roads and extensive parking designed 
• Each unit includes private balcony 

DEVELOPMENT BREAKDOWN 

Erf 4854 (consolidated 3473 and 3474) total 58 Units | Approved PC3.0544 (Aug 2007) 

Erven 3476 and 3477 total 162 Units | Approved PC3.0831 (Dec 2008) 

Total: 220 Units across multiple blocks 

LOCATION ADVANTAGES

Brits Central positioning means: 

• Major transport routes nearby 
• Close to retail centres, schools & hospitals 
• Walking distance to employment hubs 
• Perfect for rental market (mining, services, industrial workers) 

COMPLETE DOCUMENTATION AVAILABLE 

All paperwork ready for due diligence: 

• Government Gazette notices 
• Township proclamation and Section 82(1) certificate 
• Consolidation approvals and SG diagrams 
• High-density approval letters 
• Service connections (water and sewer) 
• Architectural concept layouts 

IDEAL FOR: 

- Residential developers seeking approved sites
- Build-to-rent funds and property portfolios
- Affordable housing specialists (GAP/FLISP market)
- Pension funds seeking stable rental income etc. 

 This is a genuine, shovel-ready opportunity with all approvals in place. 

Price: R19,000,000 Plus VAT
Erf Size: 15,045 m²
Units: 220 (fully approved)
Location: Brits Central, North West 

Full development prospectus, financial models, and all supporting documentation available upon request. Developer site visits
arranged by appointment.