Rezoned Development Land Res 3 with 6 Units Approved 39 Third Avenue Linden
PRICE: R2,750,000
ERF: 1,541sqm
The hard work is done. The rights exist. The land is yours to build on.
This is not off-plan. Not a concept. Not a proposal. This is 1,541sqm of fully rezoned Residential 3 land in Linden with Amendment Scheme 20-01-3216 gazetted in the Provincial Gazette on 23 February 2022. Operative. Bankable. Done.
THE RIGHTS CONFIRMED
Rezoned from Residential 1 to Residential 3. Approved by the Executive Director: Development Planning, City of Johannesburg on 21 September 2021. Promulgated. No appeal window. No process to complete. You buy the land. You build.
THE NUMBERS
Erf: 1,541sqm | Full Title
Zoning: Residential 3 Amendment Scheme 20-01-3216
Max units: 6 dwelling units on-site
Density: 40 duha
FAR: 0.9 andgt up to 1,387m² of buildable floor area
Coverage: 50
Height: Zone A 3 storeys
Building Lines: As per scheme
Bulk service contributions: Pre-assessed at R357,164 incl. VAT sewer R55,865 water R31,519 roads R29,443 electricity R116,150 parks R124,186
No unknowns. No surprises.
THE BENCHMARK THAT MATTERS
37 Third Avenue. Same street. Same erf size 1,541sqm. No Res 3 rights. No approved units. Sold August 2024 for R2,410,000.
You are buying the same piece of Linden. Plus Residential 3 zoning. Plus 6 approved units. For only R340,000 more than a standard house plot.
THE MARKET CONTEXT
Linden full title median: R2.70M 2025. 97 full title transfers in 2025 the suburb trades. Upper Middle income demographic. Consistent demand. Time Out magazine ranked Linden 17th Coolest Neighbourhood in the World not for hype, for substance.
Recent area sales full title, same precinct:
44 7th Street 2,313m²: R4,000,000 Oct 2024
57 9th Street 1,735m²: R3,600,000 Jul 2024
88 9th Street 1,689m²: R3,500,000 Feb 2025
55A 10th Street 829m²: R5,000,000 Feb 2025
New-build townhouse pricing in Linden currently sits in the R3.2MR4.5M range per unit.
THE LOCATION
Laerskool Louw Geldenhuys: 170m walking
Horskool Linden: 490m same street
De La Salle Holy Cross College: 590m
King David Victory Park: 1.26km
Emmarentia Dam andamp Botanical Gardens: 10 min
Cresta 250 stores: 2km
Sandton CBD: 15 min
Njam, Yield Coffee, The Whippet, Brian Lara: walkable
Schools, parks, restaurants, highway access. The full-title buyer and the tenant both want this postcode.
SPECIFIC CONDITIONS PRE-CONFIRMED
Site Development Plan to be submitted to Council prior to building plan approval
Access and Egress to Council''s satisfaction
Both standard. Neither a blocker. Both manageable within the normal pre-build process.
THE DEAL
Seller is motivated. Clean title registered in Deeds Office Pretoria. No off-plan commitments to inherit. No construction delays. No co-investors to manage.
R2,750,000. The rights are in. The suburb is proven. The entry point is clear.
PARKVILLE PROPERTIES PTY LTD trading as REMAX Advantage Rosebank operates in terms of a franchise agreement with REMAX of Southern Africa.