Bed for Sale Lenasia South Johannesburg

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.