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 |

