Description
Prime Development Land 4,595sqm Residential 4 Zoning Hurlingham, Sandton
Fully zoned. Sandton address. Surrounded by completed and active developments. The last stand of this size left on the street.
Rarely does a development opportunity of this scale present itself within the HurlinghamSandton node: fully zoned, full title, and ready for a motivated developer to execute.
The Stand
ERF 96 Hurlingham. 4,595sqm of flat, registered land on Sutherland Avenue: one of the most active development corridors in the suburb.
The Zoning
Residential 4 zoning carries density rights of between 41 and 120 dwellings per hectare: the highest residential density classification short of a special consent. No rezoning application. No planning risk. The rights are in place.
The Context
The market has already voted on this street. Directly adjacent, 40 On Sutherland is an exclusive development of 24 upmarket full title homes built, occupied, and selling. Pentagon Projects'' completed scheme proves the product, the market, and the price point. The neighbourhood is mid-execution: Antalya Lane, Stirling Drive, Jedburgh Avenue: all recording recent high-value transfers. Hurlingham is no longer a suburb waiting for momentum. It has it.
The Location
Minutes from Sandton CBD. Mediclinic Morningside 3.37km away. FasTracKids Pre andamp Preparatory School at 0.64km, Sandhurst Preparatory College at 0.67km. Sandton City 2.02km, Hyde Park Corner 2.46km. This is where executives want to live and where developers want to build.
The Opportunity
Motivated seller.
Bulk service contributions are not yet settled and will require resolution as part of the development process: this is disclosed upfront and priced into the ask.
Asking Price: R18,000,000 Negotiable
PARKVILLE PROPERTIES PTY LTD trading as REMAX Advantage Rosebank operates in terms of a franchise agreement with REMAX of Southern Africa.
Photo Gallery