Timberlands Social Housing

Project Summary

NAME OF PROJECT

Timberlands Social Housing

Address of Project/stand number

Erf No.: 1118, Cnr Nelson Mandela & Johannes Ramokhoase, Arcadia, Pretoria

PROJECT BACKROUND

 The project is a 16 storey high rise building that will yield 609 units.  It is a social housing project situated in a restructuring zone and aimed at providing affordable rental units to the middle and lower income bracket ranging from 1500 to 15 000 per month. Rentals are estimated from R950 to R 4,800 per month. The property is located in close proximity to the Pretoria CBD is easily accessible for those commuting by public transport. It is designed to bring homes closer to the working environment. The project is in collaboration with the City of Tshwane, Housing Company Tshwane and the Social Housing Regulatory Authority.

Region

3

Ward

81

TOTAL UNITS & TYPOLOGIES

Bachelor Units

One Bedrooms

Two Bedrooms

91

76

442

TOTAL UNITS 609
BENEFICIARIES

Estimated number of households

Income bracket

Estimated Rental

2011 households

R 1500- R15 000

R 950-R 4 800

PROJECT DETAIL

Successful Bidder

Vharanani Properties

Principal Agent

Metroprojects

Project Value

R 346 900 000.00

Job Opportunities

600 jobs to be created

Subcontracting Opportunities

30% of construction value

Project duration

36 Months

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