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Vacant Land For Sale in Sandton

70 12th Avenue, Sandton, Gauteng, South Africa
R 7500000
RunningCosts Bond
Costs
Property Type Vacant Land
Erf Size 7246 m2
Levies R 0
Listing Date September 11, 2024
Floor Size NA
Rates and Taxes R 2342
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Property description

LAND LAND LAND LAND LAND

An exceptional opportunity awaits on the border of Bryanston and Rivonia with this expansive 7,254m² stand, perfect for developers looking to create a high-density residential project in a prime area. Currently zoned Residential 1, this property offers incredible potential for those with a vision for upscale residential development.

Strategically positioned in a quiet boomed-off enclosure with access from a small, peaceful road off 12th Avenue, this site is ideally located for future growth. With the possibility of obtaining council approval for a minimum density of 60 dwelling units per hectare, preliminary discussions suggest the potential to build at least 57 units, including 43 market units and 13 smaller inclusionary units. Developers can explore even higher densities with council motivation and planning support.

The property includes existing dwellings that require upgrading, presenting an ideal blank canvas for a transformative project. For more detailed information or to schedule a viewing of this rare find, contact us today and explore the endless possibilities this beautiful stand offers!

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