Property features

R 5 500 000
0 Bedrooms
0.0 Bathrooms
0 Living Room/s
Garage for 0 car/s
Rates R3014 pm
No Pets

Property Details

This is development land in the heart of Parkmore, a 1487sqm corner stand and one of the largest developable parcels currently available in the suburb. The corner position gives a scheme dual street frontage, easier access planning and better light across the building. Current zoning permits up to 150 apartments. The bulk services contribution required for a scheme at that scale has historically deterred buyers, so a smaller apartment scheme is the more practical path on land of this size and position. The structure to make that work is best discussed directly.

Position carries the value. The stand sits within walking distance of Benmore Gardens and a short drive from Sandton City. Crawford College Sandton, Redhill, Hyde Park Corner, Morningside Shopping Centre and Mediclinic Sandton all fall within a tight radius. Gautrain access at Sandton station and immediate links to the M1 give residents and tenants the full Sandton commute envelope. For a developer building apartments to sell or hold for rental, the catchment is already proven.

Monthly rates are approximately R3,014. Site visits and detailed development discussions are by private appointment.

Contact Sharon to walk the stand and explore how the development can be structured to suit your scheme.

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Sharon Louw

Limestone Properties

0781282877

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[email protected]

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Limestone Properties

0117842772

[email protected]

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