Elevate Bloemfontein’s Skyline with this rare 11 290sqm plot, perfectly zoned Residential 3 (High Density) in the heart of Raceway Park. Ideal for developers and investors seeking to create a standout multi-unit residential or mixed-use landmark.
Key Development Highlights:
Zoning Classification: Residential 3 – up to 45 dwelling units per hectare
Estimated Yield: Approx. 51–52 units* (subject to final layout & municipal approval)
Build Envelope:
Height: Up to 4 storeys by right (higher with relaxation)
Site Coverage: Max 60%
FAR: 2.0, allowing up to 22 580sqm of buildable floor area
Flexible Product Mix: Modern apartments, live-work lofts, studios, and penthouses—designed to capture premium urban rental and sale markets
Turnkey Infrastructure: Bulk water, sewer, stormwater, electricity, and fibre on-site; dual road frontages for seamless traffic flow and service access
Strategic Location Advantages:
Connectivity: Direct links to the N1 highway and key arterial routes
Amenities Proximity: Top retail centres, schools, medical facilities, and parks all within 5?km
Growth Momentum: Raceway Park’s high-density residential sector posting strong pre-lease and capital-growth metrics
Why This Site?
Scalable Canvas: Generous land area to craft a hallmark mid-rise complex or mixed-use precinct
Streamlined Development: Pre-serviced land and clear zoning accelerate approvals and construction timelines
Investor Appeal: High-density format delivers superior returns per square metre in a market hungry for urban living
Ready to build Bloemfontein’s next residential benchmark? Contact us now for detailed plans, yield analyses, or to arrange an exclusive site tour.
*Yield estimate based on max allowance of 45units/ha; final unit count subject to design refinement and municipal approval.