Vacant Land Residential for sale
Create vibrant, walkable communities steps from Mall of Africa and the N1 in Garden Road, Midrand — 8.7ha development parcel with a natural wetland park and final stage township approvals.
An exceptional investment opportunity for property developers and investors!
Located on Garden Road in Midrand, this expansive 8.7-hectare parcel of land offers immense development potential in one of Gauteng’s fastest-growing residential and commercial nodes.
The property is in the final stages of the township establishment process, dramatically reducing your lead time to breaking ground.
Key Investment Highlights
oA modern Retirement Village / Lifestyle Estate.
oHigh-density Three-Story Walk-Up residential units.
Estimated Yield & Feasibility Scenarios
Note: Calculations below assume an effective buildable area of approximately 6.0 to 7.0 hectares after carving out the wetland buffer, private parkland, internal roads, and municipal servitude requirements.
Scenario A: Three-Story Walk-Up Apartments
Scenario B: Secure Retirement Village / Lifestyle Estate
Situated strategically along Garden Road, this site offers seamless access to major arterial routes (N1 highway via New Road / Olifantsfontein Road), top-tier medical facilities, vibrant retail centers (Mall of Africa, Midrand City), and key business parks.
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Listed for sale at R50,000,000
Wide price range across Midrand
Prices vary widely across Midrand, so a like-for-like comparison isn't reliable for this home.
Above the typical range for Midrand.
Market depth
63 similar homes
70 listings across Midrand
314 days
Median time on market
Many similar homes
Active across Midrand
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Carlswald is a sought-after, secure residential suburb in Midrand that offers a convenient lifestyle with easy access to major business hubs, quality schools, and modern shopping centers.
