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Create desirable community living on Oak Avenue outside Randburg CBD — approved plans for 12 sectional-title townhouses, two- and three-bedroom homes on-site, with quick access to Sandton.
This rarely found 2 514 m2 stand has approved plans in place for 12 sectional title townhouses.
The property is located on the popular Oak Avenue outside of the Randburg CBD.
Excellent and easy access to Malibongwe and Bram Fischer Drive, Republic Road and Jan Smuts Avenue. Ten to fifteen minute drive from Sandton, Bryanston, Rosebank, Hyde Park and surrounds.
The stand currently has 2 houses (2 and 3 bedrooms) and various outbuildings.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R3,995,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 22 listings in Randburg (town)
Insight
Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 254% above the median. Land size is 75% smaller 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
22 similar listings
Medium similar land inventory town-wide (Randburg)
Median time on market: 235 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
Ferndale is a vibrant and conveniently located suburb offering a mix of residential comfort and easy access to commercial and entertainment hubs, making it ideal for families and young professionals.
* Distances and amenities are approximate.
