Bed for Sale Lenasia South Johannesburg

Property Details

Property Overview This expansive piece of land, ideally located in Lenasia, offers an exceptional investment opportunity for developers and institutional buyers. With full Residential 1 zoning already approved, the site is ready for a range of high-demand projects, including: Sectional title townhouse developments Government-subsidised (RDP) or affordable housing projects (2–3 storeys) Possible use for a filling station, convenience retail or mixed-use corner development (subject to municipal consent) Key Features Flat, cleared land with good access from a main road Rezoned to Res 1 – ready for residential development Bulk services available nearby (subject to municipal connection costs) Located in a fast-growing residential node with increasing demand for affordable and mid-range housing Proximity to schools, clinics, places of worship, shopping centres and major arterial roads Development Potential Res 1 zoning supports single and multiple dwelling units (up to 2–3 floors depending on council approval) The size and position make it ideal for a townhouse estate, RDP project, or a mixed-use concept incorporating a retail element (e.g., mini-mall or petrol station with consent use) Location Benefits Central location in Lenasia with high residential density 5 minutes to Trade Route Mall and Lenasia CBD Easy access to the Golden Highway, N12, and R553 Within walking distance to taxi and bus routes Important Buyer Information A 40% cash deposit is required on all vacant land purchases. This is a standard requirement for vacant land finance in South Africa due to bank lending policies.