UNDER OFFER
Web Ref RL723
R3,450,000
Monthly Bond Repayment R36,791.82
Calculated over 20 years at 11.5% with no deposit.
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Prime Residential Land Opportunity in Midrand
Nestled in the heart of Midrand, a thriving and strategically positioned area in Gauteng, lies a remarkable 3-hectare parcel of land. This property presents an exceptional opportunity for developers, investors, and homebuilders seeking to capitalize on the burgeoning residential market in one of the region’s most sought-after locales.
The land is currently zoned for Residential One use, allowing for the development of a range of residential properties. This zoning designation provides a robust framework for creating a residential community that could cater to the diverse needs of families, professionals, and individuals seeking a serene yet accessible living environment. The current zoning supports single-family homes and low-density residential development, offering ample space for thoughtfully designed housing projects.
What sets this property apart is its potential for rezoning, which adds a layer of versatility and opportunity. The possibility of rezoning opens doors to a wider spectrum of development options, including higher-density residential units or even mixed-use developments that could integrate residential living with commercial or recreational elements. This flexibility allows developers to tailor their projects to meet the evolving demands of the market and maximize the land's potential.
Midrand, known for its strategic location between Johannesburg and Pretoria, is a hub of economic and residential growth. The area benefits from excellent infrastructure, including major road networks such as the N1 highway, which offers convenient access to both cities. Additionally, Midrand's proximity to key amenities such as schools, shopping centers, and healthcare facilities enhances its appeal as a desirable residential destination. The land's location within this vibrant and expanding region makes it an attractive investment for those looking to be part of Midrand's dynamic growth story.
The surrounding area is characterized by a mix of established residential neighbourhoods and burgeoning commercial developments, creating a balanced environment that supports both residential and economic activity. This blend of attributes contributes to Midrand's reputation as a desirable place to live and invest, making this 3-hectare parcel of land a particularly valuable opportunity.
Don't miss out! Schedule a viewing today!
Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors / omissions which may occur.
The land is currently zoned for Residential One use, allowing for the development of a range of residential properties. This zoning designation provides a robust framework for creating a residential community that could cater to the diverse needs of families, professionals, and individuals seeking a serene yet accessible living environment. The current zoning supports single-family homes and low-density residential development, offering ample space for thoughtfully designed housing projects.
What sets this property apart is its potential for rezoning, which adds a layer of versatility and opportunity. The possibility of rezoning opens doors to a wider spectrum of development options, including higher-density residential units or even mixed-use developments that could integrate residential living with commercial or recreational elements. This flexibility allows developers to tailor their projects to meet the evolving demands of the market and maximize the land's potential.
Midrand, known for its strategic location between Johannesburg and Pretoria, is a hub of economic and residential growth. The area benefits from excellent infrastructure, including major road networks such as the N1 highway, which offers convenient access to both cities. Additionally, Midrand's proximity to key amenities such as schools, shopping centers, and healthcare facilities enhances its appeal as a desirable residential destination. The land's location within this vibrant and expanding region makes it an attractive investment for those looking to be part of Midrand's dynamic growth story.
The surrounding area is characterized by a mix of established residential neighbourhoods and burgeoning commercial developments, creating a balanced environment that supports both residential and economic activity. This blend of attributes contributes to Midrand's reputation as a desirable place to live and invest, making this 3-hectare parcel of land a particularly valuable opportunity.
Don't miss out! Schedule a viewing today!
Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors / omissions which may occur.
