An exceptional investment opportunity for property developers and investors!
Located on Garden Road in Midrand, this expansive 8.7-hectare parcel of land offers immense development potential in one of Gautengs fastest-growing residential and commercial nodes.
The property is in the final stages of the township establishment process, dramatically reducing your lead time to breaking ground.
Key Investment Highlights
High-Yield Rezoning Progress: Rezoning is almost complete, with only the Conditions of Establishment outstanding for Residential 2 zoning.
Versatile Development Potential: Perfectly suited for:
oA modern Retirement Village Lifestyle Estate.
oHigh-density Three-Story Walk-Up residential units.
Unique Eco-Feature: Features a small, natural wetland on-siteideal for integrating into a secure, private park, greenbelt, or lifestyle walking trail for residents.
Favorable Tax Structure: The transaction attracts VAT instead of Transfer Duty, offering significant cash flow and tax benefits for VAT-registered developers.
Estimated Yield & Feasibility Scenarios
Note: Calculations below assume an effective buildable area of approximately 6.0 to 7.0 hectares after carving out the wetland buffer, private parkland, internal roads, and municipal servitude requirements.
Scenario A: Three-Story Walk-Up Apartments
Density Target: 40 units per hectare net buildable area.
Estimated Total Units: 350 1, 2, and 3-bedroom configurations.
Target Market: Young professionals, small families, and rental stock investors in the Midrand growth corridor.
Scenario B: Secure Retirement Village Lifestyle Estate
Density Target: 25 to 35 units per hectare net buildable area.
Estimated Total Units: 160 220 Units Single-story cluster homes, sectional title cottages, plus frail-careclubhouse facility.
Target Market: Active retirees seeking secure living with private green belts and walking trails around the wetland feature.
Situated strategically along Garden Road, this site offers seamless access to major arterial routes N1 highway via New Road Olifantsfontein Road, top-tier medical facilities, vibrant retail centers Mall of Africa, Midrand City, and key business parks.
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