Create community-centered living in Akasia’s growth node, steps from shopping, schools and transit. Development-ready 4.12ha parcel with bulk services and approved zoning—fast-track your residential project.
An exceptional opportunity awaits developers and investors in the heart of Karenpark, Akasia. This prime parcel is already zoned for residential development, with all required zoning approvals, traffic impact studies, and associated compliance processes completed. Bulk services are in place, significantly reducing upfront development risk and timeline delays. With much of the groundwork already finalised, this property offers a streamlined path toward launching your next residential project — simply submit your building plans for approval and bring your vision to life.
Perfectly positioned near major shopping centres, well-maintained municipal offices, reputable schools, and convenient bus and taxi routes, the location ensures strong market appeal for future residents. The surrounding infrastructure and accessibility make this an ideal site for a well-planned residential development in a high-demand area of Akasia. This is a rare opportunity to secure development-ready land in a strategic, growth-focused node.
Listed for sale at R15,000,000
Price reduced by 33.3% to R10,000,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 16 listings in Akasia (town)
Insight
Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 69% below the median. Land size is 4405% larger than typical for similar land.
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
Affordability
R 98,164 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
16 similar listings
Medium similar land inventory town-wide (Akasia)
Median time on market: 177 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
Karenpark is a peaceful residential suburb offering a blend of suburban tranquility and convenient access to essential amenities, making it an attractive location for families and individuals alike.
* Distances and amenities are approximate.