R 34 400 000
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5727 m² Land available in Sandhurst

141 empire place c/o cleveland road
5727 m²

An enticing Land Development opportunity as best positioned ''developer site'' available in Sandhurst, with three option.

Furthest stand in the Sandton node.

Unobstructed views to Magaliesburg mountains with the gentle slope of the land.

Eight years to obtain full multi-storey rights.

OPTION 1

Developer rights:

Five floors plus a basement for parking.(build +- 85 units)

Land slope lends itself to digging in for the basement from the Cleveland Road side.

*SERVITUDE TYPE

Unclassified Urban

* AREA/LINE Area

* TAG VALUE A4377/1946001

* GEOMETRY 1602 m

* Primary rights as per scheme

* Consent rights as per scheme

* No rights as per scheme

* Parking provision as per scheme

* Height as per scheme - zoned (5 storey )

* Coverage as per scheme - 60%

* Floor area as per scheme - 2.5

OPTION 2

Plot and Plan - see images of future view

Further subdivision into 6 or 8 stands

Build high-end architecturally designed homes with marketing potential of R25mil.each.

Architectural services available on request.

OPTION 3

Build a dream home with the advantageous access from both Empire and Cleveland Roads

Architectural services of Urban Eight, available on demand.

Important to note:

NEW Egoli gas pipe directly on the pavement therefore natural piped gas for heating, geyser, stove. Therefore, minimal electricity requirement.

Interesting facts:

- Coordinates: 26645S 28224E

- Empire Place has a length of 1.72 kilometers.

- Area: 245 ha

- Households: 1,411 (575.07 per km).

- Sandhurst is to South African residential suburbs what Michelangelo is to South African hotels.

- One of wealthiest suburbs in the country and home to some of the most expensive real estate on the African continent.

- All entrances to the suburb are boomed, security is high and closed to public thoroughfare.

Streets are heavily patrolled.

- Minutes from Sandton City, Hyde Park shopping, the Inanda Club, Wanderers Cricket Club, and leading private schools in the area.

Property details

  • Listing number T4519964
  • Property type Residential Land
  • Erf size 5727 m²
  • Rates and taxes R 27 719

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