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Vacant Land Residential For Sale in President Park | MyProperty Africa

Vacant Land Residential in BRAND Road
, President Park, Midrand

Land Size2.4 ha

LOCATION, LOCATION AND LOCATION - COME AND SEE / 3 Ps IN PLACE

Create a connected lifestyle community in President Park, Midrand — minutes from Mall of Africa, Gautrain and Gallagher Convention Centre, with approvals in place for 273 units.

CALLING ON DEVELOPERS AND INVESTORS!!! IT IS ALL ABOUT THE LOCATION.

WILL CONSIDER OFFERS FROM R37 MILLION

With All Approvals In Place For 273 Units ,

This development opportunity is set in the Midrand Metropolitan Node in President Park, with access to Motorways / Highways, Waterfall, Mall of Africa, Gautrain Station Gallagher Convention Centre, and Grand Central Airport. The Mall of Africa, which boasts a variety of convenience shopping, is 4km from the site, with Carlswald Lifestyle Shopping Centre a little over 6km away. Gautrain Midrand Station is a mere 2.8 km away, with Gallagher Convention Centre a little over 2km away. PERFECT LOCATION!

* Zoned for 273 units

* Zoning Residential 4 and Special // RES 4

* Under-cover and visitor parking

* 4 storeys

* Coverage 50%

* FAR 0.8

* Density 120 du/ha

WE HAVE APPROVED FUNDERS TO ASSIST REPUTABLE DEVELOPERS. DO NOT DELAY CALL TODAY FOR MORE INFORMATION

Monthly Costs

Estimated Repayment

R 485,913

TotalR 485,913

* Monthly costs are estimates and should be confirmed with the agent.

Property history

Listed for sale at R55,000,000

29 Apr 2024

Smart Property Insights

MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties

Based on 51 listings in Midrand (town)

Insight

Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 36% above the median. Land size is 573% 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.

Based on 51 active similar listings — Strong confidence

Similar properties pricing

This landR 55,000,000Above range

R 2,500,000R2.5MP25

R 6,449,000R6.4MMedian

R 13,540,000R14MP75

R 2,500,000R2.5MP25

R 6,449,000R6.4MMedian

R 13,540,000R14MP75

Key differences

Price per m²36% abovePremium priced

This landR 2,292/m²

Area medianR 1,680/m²

Based on 51 listings

Land size573% aboveLarge at a premium

This land24000 m²

Typical size3568 m²

Based on 51 listings

Market depth

51 similar listings

High similar land inventory town-wide (Midrand)

Median time on market: 330 days

Midrand Insights·President Park Insights

* 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

Area Overview

President Park offers a tranquil, semi-rural lifestyle with spacious properties, providing a peaceful retreat while remaining conveniently close to the bustling commercial hubs and essential amenities of Midrand.