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Vacant Land For Sale in Sandton

12 Sterling Avenue, Sandton, Gauteng, South Africa
R 9500000
RunningCosts Bond
Costs
Property Type Vacant Land
Erf Size 14773 m2
Levies R 0
Listing Date November 05, 2024
Floor Size 600 m2
Rates and Taxes R 0
Details
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Street view
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Property description

Prime Plot of Land in Sandton Buccleuch,

Unlock the potential of this prime plot of land located in the desirable Buccleuch area. Spanning , this parcel offers a unique opportunity for developers, investors, or those looking to build their dream home in a vibrant community.

Ideal Location: Situated in the heart of Buccleuch, the plot is conveniently located near major transport routes, shopping centers, schools, and recreational facilities. Enjoy easy access to nearby amenities while being part of a serene neighborhood.

Zoning and Development Potential: The site is zoned for Residential Res 2, allowing for a variety of development options. This flexibility makes it an attractive proposition for builders and investors.

Natural Beauty: The plot is surrounded by lush greenery and offers amazing views, providing a peaceful retreat from the hustle and bustle of city life.

Community-Oriented: Buccleuch is known for its friendly community atmosphere, with numerous parks and community events that foster a welcoming environment for families and individuals alike.

Utilities Ready: Essential utilities such as water, electricity, and sewage are readily available, making the land ready for immediate development.

Why Buccleuch? Buccleuch is a thriving suburb that combines suburban tranquility with urban convenience. With its strong sense of community, excellent local schools, and proximity to Sandton Central, this location is ideal for both homeowners and investors.

Key Features:

- Generous Site Area: 14,733 sqm (approx. 1.47 hectares)

- Current Zoning: Residential 2 (Res 2)

- Density Allowance: 20 dwellings per hectare - up to 29 units on-site

- Inclusionary Units: The current density does not require inclusionary - - housing units.

- Investment Potential:

Maximum Density: Achieve up to 29 units under the current zoning.

Rezoning Possibilities: By rezoning for market units plus 30% inclusionary housing, the density could increase to a total of 37 units.

  • Freehold

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