R 6 999 000
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3 950 m² Farm in Bryanston

4 2 2 3 950 m² 350 m²

Prime Development Property for Sale 3,950m with Approved Development Right

This exceptional property offers a rare and valuable opportunity for developers and investors. Spanning an expansive 3,950m, this site is ready for transformation, with fully approved development rights already in place, granted by the local council for up to 42 residential units and a maximum height of 4 floors. The groundwork for a profitable and exciting development is already laid out, making this a hassle-free opportunity to jumpstart your next project.

Key Features:

Size & Scope for Development: With a generous size of 3,950m, this property is ideal for medium to large-scale developments, offering ample space to create a modern, high-density residential complex. The approval for up to 42 units provides the potential for significant return on investment, particularly in such a sought-after location. The ability to build up to 4 floors means you can maximize the propertys capacity while ensuring each unit enjoys ample space and natural light.

Development Rights Approved: The property comes with pre-approved development rights from the council, saving you valuable time and resources. All necessary permissions are in place for up to 42 residential units, allowing you to move forward with planning and construction without the usual delays and complexities that come with obtaining approvals.

Ideal Location: The property is situated in a bustling and highly sought-after area, popular among residents and investors alike. The surrounding neighborhood is well-established, offering a vibrant mix of residential, retail, and commercial activity. This prime location ensures a high demand for housing, making it a top choice for potential buyers or tenants once development is complete.

High Visibility and Accessibility: Positioned in a busy and easily accessible area, this site benefits from excellent exposure to passing traffic, making it attractive not only to future residents but also to businesses or retail outlets that may complement the residential units. The property is conveniently located near major roads and public transport options, making it easy for future occupants to commute and for construction teams to access the site.

Surrounded by Quality Amenities: The surrounding area is known for its good infrastructure and a range of quality amenities, including shopping centers, schools, parks, and restaurants. This makes it an ideal residential development site, as potential buyers or tenants will be drawn to the convenience and lifestyle options the area has to offer.

Developers First Choice: Due to its size, location, and approved development rights, this property stands out as a first-choice for developers looking to capitalize on the demand for modern, well-located housing. The surrounding area has already seen successful developments, ensuring this site offers the potential for strong sales or rental yields.

Summary:

This 3,950m property offers a turnkey opportunity for developers, with development rights already secured for 42 residential units across 4 floors. Situated in a popular and busy area, it boasts excellent accessibility and is surrounded by a variety of amenities, making it ideal for a residential project. This property is perfectly positioned to meet the growing demand for housing in the area, and with approvals in place, you can begin your development without delay.

Dont miss out on this unique opportunity to develop in a highly desirable location with approved rightsensuring a smooth and profitable process for your next project.

Property details

  • Listing number T4832014
  • Property type Farm
  • Listing date 18 Oct 2024
  • Land size 3 950 m²
  • Floor size 350 m²
  • Rates and taxes R 14 500

Property features

  • Bedrooms 4
  • Bathrooms 2
  • Garage parking 2
  • Pool
  • Tennis court
  • Borehole

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