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R 7 500 000

Vacant Land / Plot for Sale in Rivonia

70 12th Avenue, Rivonia, Sandton

7 246 m²
- m²: 7 246 m²
- Hectares: 0.725 ha
- Acres: 1.791 acres

Contact Agent

jCona Botha

Show Contact Number

Prime Development Opportunity: Expansive 7,254m² Stand in a Sought-After Location

LAND LAND LAND LAND LAND

An exceptional opportunity awaits on the border of Bryanston and Rivonia with this expansive 7,254m² stand, perfect for developers looking to create a high-density residential project in a prime area. Currently zoned Residential 1, this property offers incredible potential for those with a vision for upscale residential development.

Strategically positioned in a quiet boomed-off enclosure with access from a small, peaceful road off 12th Avenue, this site is ideally located for future growth. With the possibility of obtaining council approval for a minimum density of 60 dwelling units per hectare, preliminary discussions suggest the potential to build at least 57 units, including 43 market units and 13 smaller inclusionary units. Developers can explore even higher densities with council motivation and planning support.

The property...

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Property Overview

Listing Number

114921260

Type of Property

Vacant Land / Plot

Street Address

70 12th Avenue, Rivonia

Listing Date

11 September 2024

Erf Size

7 246 m²

Rates and Taxes

R 2 342

Pets Allowed

Other Features

Special Feature

Paveway

Points of Interest

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