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Create a vibrant, connected neighbourhood in Northriding's Northgate node, steps from shops and schools — 28,402 m² development land with high-exposure frontage on Northumberland Drive.
Property Development Opportunity – North Riding
28 402m2 prime development land with high-exposure frontage on Nothumberland Drive Northgate
Overview
Unlock the development potential of this strategically positioned 28,402m2 parcel in Northriding’s Northgate node. Surrounded by established residential estates and modern developments, the site offers strong fundamentals for townhouse, apartment, or mixed-use schemes (subject to council approvals).
Zoning & Development Potential
Current zoning: Agricultural land
Rezoning potential (subject to council approval):
Key Location Benefits
·Prominent road frontage on Nothumberland Drive — exceptional visibility and access
·Close to Northgate Shopping Centre
·Nearby private and public primary and high schools
·Proximity to Olivedale Clinic and other medical facilities
·Easy access to major highways and arterial routes — strong public and private transport links
Strategic Investment Highlights
·Prime development land in a high-growth, well-serviced suburb
·High traffic exposure suitable for marketing and phased sales launches
·Flexible density options offering scale for townhouses, cluster developments or low-rise apartments (rezoning required)
·Ideal for developers seeking a high-visibility site with strong local demand
Asking / Negotiation
All serious offers considered.
Call to Action contact: Vincent Ndlovu
Listed for sale at R15,000,000
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 18% above the median. Land size is 184% 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.
Similar properties pricing
Key differences
Affordability
R 147,247 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
22 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 offers a blend of suburban tranquility and convenient access to urban amenities, making it an appealing residential area for families and young professionals.
* Distances and amenities are approximate.
