Positioned on a quiet street in Dunkeld West - perfectly located between Sandton and Rosebank - this is the kind of high-potential development site that is rapidly disappearing from the market. If you’re looking to secure a foothold in one of Johannesburg’s most desirable and strategically located nodes, this opportunity demands immediate attention.
A serious seller is inviting all written offers from R6 000 000, with an asking price of R7 500 000. Opportunities at this price point, with this zoning and density, are becoming increasingly scarce. This is a strategic acquisition for developers and investors who recognise the long-term value of well-located, high-density residential opportunities in premium urban nodes. Act decisively - sites like this are increasingly hard to find.
CALL NOW FOR A VIEWING – Don’t Miss Out
Prime Location in Dunkeld West on a Quiet Street – Residential 4 Zoning (Use Zone 4)
Key Development Metrics:
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- Zoning: Residential 4 Use Zone 4
- Height: 4 storeys (additional storey may be permitted)
- Coverage: 100 percent for basement parking and other structures, and 50 percent for all other structures
- FAR (Floor Area Ratio): 2.0 - which allows for double the building floor space relative to the plot size
- Density: 400 dwellings per hectare (max of 118 permitted on this site at 50 sqm per unit)
Primary Rights: Dwelling Units and Residential buildings with ancillary and related uses
Secondary Rights: Religious purposes, places of instruction, childcare centre, social halls, institutions, special buildings, sport and recreation clubs, public or private parking areas, medical consulting rooms, guest house