5 437 m² Land available in Douglasdale

Unique Development Land Opportunity for Sale

Here is the perfect opportunity to

acquire a 4,015m Douglasdale property at102, Malgas Avenue. Located along one of the most desirable

Greenpark streets, this is a dream location for an astute, multi-dwelling

developer to acquire land, packed with up-market cluster development potential.

Town Planners have on behalf of the

owners, successfully facilitated removal of restrictive conditions,

and subdivision of the property into Residential 2 Erven of approximately 535m each,

with a central spine road of approximately 800m. Section 34 applications for the installation of

stormwater, sewer, and electricity connections are due for submission.

Prospective multi-dwelling developers could

contemplate building luxury, boutique type designer family homes to become a

desirable micro-cluster community with only 6 front doors.

Homes here could potentially be sized from

about 400m on generous, north facing leafy green stands on a gentle south to northerly slope. Plans could be customized to suit, with

fittings, finishes and detailing personalized. You have direct access from a

single entrance on the lovely, tree-lined Malgas Avenue onto the site. A green, solar powered solution could be a

significant feature to the homes if offered.

People talk about the intimacy and the

community feel of this Green Park location, perfectly situated between two of

Douglasdales most prestigious high end complexes.

Coupled

with the location close to Fourways, and

with easy access via arterials in or out, development land must be a smart investment with highly profitable

returns expected down the line.

The acquisition of 102 Malgas Avenue would

typically appeal to an established, environmentally conscious property developer/contractor, with the vision

and the know-how to deliver the aspirational, market desired, upmarket aesthetic

in a cluster type home in Douglasdales Green Park.

For more property

specification/details Shante or Guy