Web Ref No 3434804

Developers call now or miss out! Here’s a one-off Development opportunity!

One of the few prime location, high-density development sites left in Rivonia. Consolidation of just under two Rivonia acres. Apartment zoning for up to 4 stories / + 110 units (subject to final confirmation and Municipal infrastructure) plus parking basement. Zoning completed and proclaimed. High permissible coverage. Potential for dual access / egress points to development which allows convenient construction in two or more phases. Reg 38 and Municipal Contributions not yet implemented.

Has potential to address high demand for quality Bachelor, 1 bed and 2 bed apartments required by young professionals and employees working in Sandton, due to massive commercial expansion and construction of Blue-Chip corporate HQ’s and businesses, in the heart of SA’S richest Golden Mile; or offer a hotel type investment rental scheme similar to those in Sandton.

Offers an easy walk to public and Gautrain transport, quick access to highways, Sandton, Morningside and Woodmead business nodes, shops; and within a few minutes of sought-after Sandton schools, including Lycee Jules Verne.

We have contact with highly reputable and innovative and cutting edge architects if required.

SERIOUS SELLER. Further detailed info available on meeting with prospective purchaser. Pricing on application and negotiable. ALL QUALIFIED AND MARKET RELATED BIDS WELCOME AND SUBMITTED.


*NB: E/OE; images are generic and not a reflection of the property.