2 ha Farm in Kengies

Exclusive Development Opportunity: Kengies Extension 59 at 27 Richard Road

We are excited to

present a rare and highly sought-after development land opportunity in the

heart of Kengies, Property Overview:

We are excited to

present a rare and highly sought-after development land opportunity in the

heart of Kengies, one of Johannesburgs most vibrant and rapidly evolving

suburbs. This prime property spans 2.0235 hectares (20,235 m) and is perfectly

positioned to capitalize on the burgeoning demand for residential living in

this coveted area.

his prime property

spans 2.0235 hectares (20,235 m) and is perfectly positioned to capitalize on

the burgeoning demand for residential living in this coveted area.

Development

Potential:

The site is zoned

for Residential 3, allowing for the development of up to 93 sectional title

apartments. The approved density permits 46 units per hectare, translating to a

total of 93 units. The proposed breakdown includes 61 market homes and 32

inclusionary homes, catering to a broad spectrum of prospective residents.

The development

rights include:

Coverage: 60%

Height:

Up to 4 storeys

Slope:

Gentle west to northeast

The property is

divided into two erven of approximately 10,000 m each, providing a versatile

layout for development. Notably, there are no floodline restrictions, and an

approved City of Johannesburg Layout Plan is in place. Power supply will be

sourced from Eskom.

Area Insights:

Kengies is a

prominent suburb within the Fourways region, nestled between the well-regarded

Fourways Gardens Estate and Broadacres. The area boasts a well-established

network of multi-unit residential homes, including both sectional title and

freehold properties developed by leading development companies. With no vacant

land remaining in the vicinity, this property stands out as a unique investment

opportunity.

Kengies is

renowned for its low crime index, making it an attractive locale for young

professionals and families. The suburb benefits from its proximity to major

transport routes, including:

O.R. Tambo International Airport: 42.3 km (38 minutes via N3 Eastern Bypass)

Lanseria International Airport: 14.1 km (15 minutes)

Johannesburg CBD: 43.6 km

Sandton CBD: 17.9 km

Investment

Opportunity:

This site

represents more than just a parcel of land it is a gateway to becoming part of

a transformative urban development. With the Lanseria Smart City project set to

redefine the area, now is the ideal time for savvy investors to secure a stake

in this burgeoning market.

Development

Vision:

Prospective

developers have the opportunity to create a luxury, boutique-style apartment

community. The design potential includes modern architectural elements with

state-of-the-art finishes and amenities, appealing to upwardly mobile young

professionals and families. A green, solar-powered solution could add

significant value and attract eco-conscious buyers.

The sites

strategic location offers convenient access to schools, shopping centers,

restaurants, and entertainment options. Nearby amenities include:

Shopping: Broadacres Lifestyle Centre, Fourways Gardens Shopping Center,

and Fourways Mall.

Restaurants: Mugg andamp Bean, Buitengeluk, Outer Limits, Grey Wolf Spur,

and Prime Grill andamp Butchery.

Medical Facilities: Life Fourways Hospital, Mediclinic Morningside, Netcare

Olivedale Hospital, Mediclinic Sandton, and Netcare Sunninghill Hospital.

Schools:

Broadacres Academy, Chartall Business College, Chartwell House Montessori

Eco School, Dainfern College, and Unity College.

Conclusion:

Kengies Extension

59 offers a compelling opportunity for developers to create a distinguished

residential community in one of Johannesburg''s most promising suburbs. With its

excellent location, development potential, and the anticipated rise in land

values, this property is poised to be a highly lucrative investment.

Contact Us:

For more

information or to schedule a viewing, please contact Shante or Guy]. Dont miss

this chance to be part of a thriving neighborhood transformation. Secure your

future in Kengies today!