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Create vibrant community living minutes from Northgate and Bellairs Mall along Malibongwe Drive — large ±8,569m² stand with rezoning potential and borehole; includes existing 5-bed, 2-bath house.
This exceptional ±8,569m2 stand is perfectly positioned along Malibongwe Drive, offering excellent exposure and easy access to major routes including Witkoppen Drive, the N1, and N14.
The property presents a rare opportunity for developers, currently zoned Res 1 with strong potential for rezoning to Res 2 or Res 3, allowing for approximately 68 to 102 residential units.
The property is well-located in a fast-growing development node, surrounded by established estates and ongoing residential expansion, making it ideal for townhouses, apartments, or a secure estate.
There is a existing structure on the property, which can be repurposed or demolished depending on your development plans. A borehole and natural water source are also available.
The location offers convenience and strong demand, situated close to Northgate Shopping Centre, Bellairs Mall, Olivedale Clinic, schools, and places of worship, with Lanseria International Airport approximately 15km away.
This is a high-potential investment in a rapidly developing area with strong growth and return opportunities.
Serious buyers and developers, don’t miss this opportunity.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R4,490,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 62 listings in Randburg (town)
Insight
Priced slightly above the median for similar properties. On a price-per-m² basis, it is 191% above the median. Floor size is 65% smaller than typical for similar homes.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Market depth
62 similar listings
High similar-home inventory town-wide (Randburg)
Median time on market: 145 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Bellairs Park offers a suburban lifestyle with convenient access to essential amenities and a family-friendly environment.
* Distances and amenities are approximate.
