R 520 000

Vacant Land / Plot for Sale in Newlands

Newlands, Johannesburg

466 m²
- m²: 466 m²
- Hectares: 0.047 ha
- Acres: 0.115 acres

Prime Vacant Land with ZRES01 Zoning – Ideal for Student Accommodation Investment or Flats

Calling all Investors, Developers, Property Flippers

Unlock the potential of this exceptional vacant land in Newlands, positioned adjacent to a well-established property and offering a fantastic opportunity for investors. With ZRES01 (residential zoning), this parcel of land is primed for development and presents a lucrative investment opportunity, particularly for student accommodation or Flats.

Property Features:

• Zoning: Zoned ZRES01, allowing for residential use with a range of development possibilities.

• Strategic Location: Situated minutes away from the University of Johannesburg, this land is perfectly positioned to cater to the growing demand for student housing.

• Investment Potential: The proximity to a major educational institution means high rental demand, making it a prime location for building student accommodation or similar residential...

Calling all Investors, Developers, Property Flippers

Unlock the potential of this exceptional vacant land in Newlands, positioned adjacent to a well-established property and offering a fantastic opportunity for investors. With ZRES01 (residential zoning), this parcel of land is primed for development and presents a lucrative investment opportunity, particularly for student accommodation or Flats.

Property Features:

• Zoning: Zoned ZRES01, allowing for residential use with a range of development possibilities.

• Strategic Location: Situated minutes away from the University of Johannesburg, this land is perfectly positioned to cater to the growing demand for student housing.

• Investment Potential: The proximity to a major educational institution means high rental demand, making it a prime location for building student accommodation or similar residential developments.

• Adjacent Property Opportunity: The land is next to a full property with additional development potential. Consider purchasing both properties to maximize your investment and expand your development scope.

Local Amenities:

• University of Johannesburg: Just a short distance away, the university’s proximity ensures a steady flow of potential tenants seeking convenient accommodation.

• Transport Links: The area is well-serviced by public transport, providing easy access to the university and other parts of the city.

• Shopping & Dining: Nearby shopping centers and dining options cater to the needs of residents and students alike, offering a variety of services and conveniences.

• Recreational Facilities: Enjoy access to local parks and recreational areas, enhancing the appeal of the location for potential tenants.

Investment Highlights:

• High Demand Area: The demand for student accommodation near major educational institutions is consistently high, providing a stable rental income potential.

• Development Flexibility: With ZRES01 zoning, the land can be developed into various residential configurations, offering flexibility in your investment strategy.

Don’t miss out on the chance to capitalize on this prime piece of real estate.

Secure your investment in Newlands today!

Listing number: P24-114946233, Image number: 1

Listing number: P24-114946233, Image number: 2

Listing number: P24-114946233, Image number: 3

Listing number: P24-114946233, Image number: 4

Property Overview

Listing Number

114946233

Type of Property

Vacant Land / Plot

Listing Date

17 September 2024

Erf Size

466 m²

Rates and Taxes

R 800

Points of Interest

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