Vacant Land Residential for sale
Create a vibrant residential community in a sought-after, established neighbourhood with easy access to services. Corner 4,015 m² stand with dual road frontage, rezoned for 19 units (7 inclusionary).
An exceptional development opportunity awaits with this well-positioned vacant corner stand, ideally located on two prominent roads within an established and sought-after area.
Already rezoned Residential 3 with development rights approved for 19 dwelling units, including 7 inclusionary housing units, the property offers developers and investors an opportunity to move forward with greater certainty.
Its corner position is a significant advantage, offering dual road frontage, excellent accessibility and greater flexibility when planning the development. The site lends itself to thoughtful building orientation, access points, parking, landscaped areas and other supporting facilities.
The generous stand size further enhances the development potential, providing more flexibility than a typical interior stand.
With rezoning approval already in place and access to municipal services, this is an attractive opportunity for an owner-developer or investor looking to establish a residential development in a well-located area.
Property Overview
A well-positioned site with approved development rights, offering an excellent foundation for a residential development project.
Listed for sale at R4,600,000
Wide price range across Randburg
Prices vary widely across Randburg, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Randburg (R1.5M–R7.4M).
Market depth
20 similar homes
21 listings across Randburg
277 days
Median time on market
Medium inventory
Active across Randburg
MyProperty 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, leafy suburb in Randburg that offers a blend of established residential properties, convenient access to major business hubs, and a variety of local amenities perfect for families and professionals.
