Vacant Land For Sale in Sandton

Property description

A rarely available 1,487 sqm corner stand in the heart of Parkmore, offering genuine development potential in one of Sandton's most established residential nodes. Opportunities of this scale and positioning seldom come to market, making this a compelling acquisition for developers and investors with an eye for well-located land.

The property is currently zoned for up to 150 apartments. Rezoning may be applied for to accommodate a reduced number of units, with the potential to develop 20 to 30 apartments - a scale that suits boutique residential developers and reduces bulk infrastructure exposure.

The site benefits from strong surrounding demand, easy access to major arterials, and proximity to Sandton's key business and lifestyle amenities.

Monthly rates are approximately R3,014.

Contact Sharon Louw to arrange a private viewing or discuss the development potential in more detail.