Prime 3,172m² Residential Development Stand – Zoned Residential 3.
This expansive 3,172m² vacant stand presents a rare and valuable development opportunity in a secure enclosed area.
Zoned Residential 3 with an approved density of up to 7 units, this property is perfectly suited for developers, investors, or buyers looking to build a multi-unit residential project in a high-demand location.
The stand offers generous space and flexibility for planning, allowing for creative development potential while still providing room for landscaping, parking, and outdoor living areas.
The property is already enclosed with a durable brick wall fence, enhancing privacy and security a major advantage for future construction and long-term investment value.
Essential municipal infrastructure is easily accessible.
Water services run along the street, and electricity connections are available, simplifying the development process.
Bulk contributions are not applicable, which significantly reduces upfront development costs and improves overall return on investment.
Please note that a municipal sewer line traverses the property within a 2metre demarcated municipal servitude.
This is a clearly defined servitude and can be accommodated within development planning.
Located within a well-maintained enclosure, the stand benefits from a sense of community, security, and long-term value growth.
Its size, zoning, and service availability make it an outstanding opportunity for residential expansion in an area where vacant land is increasingly scarce.
Whether you are looking to develop rental units, sectional title homes, or a private residential complex, this stand offers the scale and zoning to bring your vision to life.