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Entrepreneurial urban living on Malibongwe — 8,569m² prime site ideal for redevelopment or smallholding, featuring a reliable spring/well, fire-hydrant access and dual street frontage.
LAND SIZE: 8569m2 – ridiculous location!
Res 3 opportunity as per the diagram.
The property has a well, with amazing water supply, that will help you whether you develope or utilise as a small holding farm in the burbs!!!
Potential - Location on Malibongwe, could offer the opportunity to rezone to business use, Potential in this regard what you want to make it! I.e. Solar farm, Storage units etc.
You as the purchaser will need to taken any of your ideas forward and carry costs for the investigation with Town Planning. Sellers selling land as is, Voetstoets! Talk to us let’s make this strategically situated site your next project.
On site you have... 2 buildings that are included in the Asking price but no clearance certificates will be done on the buildings as the sale is for the vacant land. A spring that offers great access to ground water, A fire hydrant at the back of the property, (far right of the entrance from Malibongwe).
Joint entrance with neighbour directly from Malibongwe. Servitude access with real right of use to be developed from Bouvet Avenue / BellairsPark Rd.
Do you have capacity to take this to the next level... then talk to us... let’s book an onsite visit.
Listed for sale at R4,500,000
Price reduced by 3.3% to R4,350,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 21 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 13% above the median. Land size is 14% 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
Affordability
R 42,701 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
21 similar listings
Medium similar land inventory town-wide (Randburg)
Median time on market: 216 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
North Riding AH offers a blend of suburban tranquility and convenient access to urban amenities, making it an attractive residential area for families and professionals.
* Distances and amenities are approximate.
