Vermeulen Point mixed-use development
Vermeulen Point is an integrated housing development designed to offer affordable rental accommodation. It is strongly supported by appropriate retail and entertainment facilities, allowing the community to “Live, Work and Play” in one place, their immediate home environment.
With a potential yield of 604 units, the project will support the CoT in meeting its housing demand whilst improving the district in which the development is housed.
The development integrates small-scale retail and social amenities, ensuring convenience and economic activity within the community. Providing affordable rental stock caters to urban professionals, young families and key workers, promoting inclusive and sustainable urban living.
This project presents a strategic investment opportunity in residential and mixed-use real estate, contributing to urban regeneration, housing accessibility and economic growth. It supports the City of Tshwane’s vision for sustainable urban development, making it an attractive prospect for investors, developers and housing stakeholders.
Project details
- Sponsoring department / project promoter: City of Tshwane.
- Sector: Human Settlements.
- Project delivery model: Intergovernmental delivery model with key stakeholders being the Gauteng Department of Human Settlements, GPF and City of Tshwane.
- Project status: Pre-feasibility studies complete. SDP approved, building plans approved. Currently at contractor procurement stage – reviewing of tender documentation.*
- Project requirements / investor opportunity: Grant funding and debt finance.
*Contact project promoter for more updated information in this regard.
Contact / Enquire
Interested parties are encouraged to contact the investment facilitation team with a brief message of introduction, including a brief description of your organization’s business and investment objectives:
