R 3 200 000
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2040 m² Land available in Morningside

2040 m²

Prime Opportunity Awaits. Vacant Plot in Desirable Location

Welcome to a canvas of limitless possibilities! This prime vacant piece of land eagerly awaits the transformative touch of a visionary developer. Situated in a node catering to the higher LSM, this property holds the promise of luxury living in a coveted locale.

With approved development rights for eight residential units, each boasting an average of 153m, this canvas invites you to craft a bespoke residential sanctuary. What''s more, there are no outstanding bulk contributions looming over your vision. Our diligence in confirming this with the City of Johannesburg ensures a smooth path forward. Through a dummy application, our conveyancing attorneys obtained clearance figures, affirming the absence of any engineering fees issues, offering you peace of mind as you embark on this journey.

Let''s delve into the zoning details: Residential 3 zoning, spanning an expansive erf size of 2,040m. The floor area ratio permits a generous 0.6, equating to 1,224m of potential development. With a density allowance of 40 Dwelling Units per hectare, the canvas is ripe for creating a vibrant residential community. Height restrictions extend to two storeys, while coverage stands at a generous 50%, encompassing 1,020m of possibility.

This is more than just a plot of land it''s a canvas awaiting your masterpiece. Seize the opportunity to sculpt a residential haven that harmonizes luxury, convenience, and limitless potential. The stage is set, the canvas awaitslet your vision unfold here.

Property details

  • Listing number T4612250
  • Property type Residential Land
  • Erf size 2040 m²

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