Property features

R8 000 000

Property Details

Development Land for Sale in Prime Rosebank Location A well-positioned property in the heart of Rosebank, Johannesburg, offering a rare opportunity for residential development in a highly sought-after and established suburb. These zoning rights provide flexibility for a medium-density residential development, subject to municipal building and planning regulations. The property is located just around the corner from Rosebank Primary School, making it ideal for family-oriented residential schemes. It is also less than 1km from Rosebank Mall and the Gautrain Station, ensuring excellent access to retail, transport, and commercial amenities. Rosebank continues to see significant growth and urban renewal, with strong demand for residential accommodation in close proximity to key business and lifestyle hubs. This site offers a sound development opportunity in a proven location. The site measures 2,141m² in extent and benefits from approved zoning rights of “Residential 3” allowing for 18 units to be constructed. Development parameters include: Coverage: 70% Height: Up to 4 storeys permitted Floor Area Ratio (F.A.R): 1.5 Transfer duty will apply