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Expansive land available for residential development with zoning rights for 12 units and strong growth potential.
“Prime Development Opportunity: This expansive plot of land offers a unique chance for visionary developers to create a standout project in a sought-after area. Boasting excellent access to major infrastructure, serene surroundings, and strong growth potential, this property is perfect for residential development. This property has got zoning rights for 12 units.
"Don’t miss this rare investment opportunity to shape the future and unlock the full potential of this premium site.”
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R13,999,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 25 listings in Johannesburg (town)
Insight
Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 230% above the median. Land size is 377% 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
Market depth
25 similar listings
Medium similar land inventory town-wide (Johannesburg)
Median time on market: 143 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
Melrose is a sophisticated and leafy residential suburb that offers a perfect blend of high-end urban convenience, tranquil garden settings, and proximity to Johannesburg's premier business and lifestyle hubs.
* Distances and amenities are approximate.
