Vacant Land Residential for sale
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.
Listed for sale at R3,995,000
Compared with 21 active listings in Randburg.
Insight
Priced 7% below the local median — but still inside the typical range for Randburg.
It's smaller than typical, which helps explain where it sits in the range. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Premium priced · based on 21 listings
Compact at a premium · based on 21 listings
Market depth
21 listings
Similar homes town-wide
315 days
Median time on market
Medium inventory
Active across Randburg
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Ferndale is a centrally located, established suburb in Randburg that offers a blend of affordable residential properties, convenient access to major business hubs, and a variety of local amenities perfect for young professionals and families.
