Vacant Land Residential for sale at 21 Montmedy Rd
Create desirable mid-market housing in sought-after Lorraine, close to amenities and schools, with hilltop panoramic views — prime 2.13ha opportunity for high-return residential development.
A rare opportunity to acquire a prime parcel of land in the highly sought-after and well in demand suburb of Lorraine, earmarked for residential development. The stand currently features a 4-bedroom home and multiple flats as well as a swimming pool.
The Opportunity:
Situated in a booming residential suburb with high demand for mid-market housing, close to all amenities.
High ROI area as properties in this area sell fast and rentals achieving exceptional amounts
This prime development land is perfect for:
This will not stand long at this price. High-demand area with proven sales!
Contact me today to schedule an exclusive viewing!
Listed for sale at R5,300,000
Wide price range across Gqeberha
Prices vary widely across Gqeberha, so a like-for-like comparison isn't reliable for this home.
Above the typical range for Gqeberha.
Market depth
45 similar homes
46 listings across Gqeberha
188 days
Median time on market
Many similar homes
Active across Gqeberha
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Lorraine is a popular, family-oriented suburb in Gqeberha known for its convenient access to modern shopping centers, reputable schools, and a peaceful residential atmosphere.