PRIME DEVELOPMENT LAND FOR SALE – WILDTUINPARK KRUGERSDORP R15,999,000 Negotiable!!
3.03 Hectares with Res 4 Zoning in place for up to 413 Units
An exceptional development opportunity in a sought-after location, adjacent to an upmarket residential estate and close to the Krugersdorp Game Reserve.
DEVELOPMENT-READY FUNDAMENTALS
A number of important groundwork elements have already been addressed:
• Residential 4 zoning already in place
• Township Proclamation completed
• Soil testing completed
• Negotiations with Mogale City regarding municipal services have taken place
• A transformer room is in place to facilitate electricity supply to the stands
• Mogale City will need to be engaged sufficiently in advance regarding the provision of the additional services required for the development
This well-positioned 3.03-hectare development site, comprising two adjoining stands, offers developers an exciting opportunity to create a substantial residential development in an established and desirable area of Krugersdorp.
The property is already zoned Residential 4 (Res 4), allowing four-storey walk-up residential developments, with a combined potential of approximately 413 units across the two stands.
DEVELOPMENT POTENTIAL
Combined: 3.03 ha | Potential ± 413 Units
Preferable sale of both stands together at R15,999,000 negotiable, consideration may be given to selling one stand initially and the second stand shortly thereafter, subject to agreement on price and terms.
Individual stands sale may be considered:
Erf 411 – 1.5755 ha
• Res 4 zoning
• Potential for approximately 220 four-storey walk-up units
Erf 412 – 1.4561 ha
• Res 4 zoning
• Potential for approximately 193 four-storey walk-up units
FURTHER COMMERCIAL POTENTIAL
The strategic location also creates the possibility of a neighbourhood convenience centre, small shopping centre or convenience store/filling station, subject to the necessary rezoning and municipal approvals.
With established residential development in the surrounding area, proximity to the Krugersdorp Game Reserve, and adjacency to an upmarket estate, the site offers the potential to cater to both residential and local convenience needs.
A STRATEGIC DEVELOPMENT OPPORTUNITY
Whether your focus is a substantial residential development or exploring an alternative mixed/commercial opportunity, this property offers a combination of size, location, existing zoning and development potential that makes it worthy of serious consideration.
Contact me for further information, supporting documentation and to arrange a viewing.