Vacant Land Residential for sale
Create vibrant urban living in Parkmore, steps from Sandton and Benmore Gardens, with council-approved plans for 20 residential units over three floors and ready-to-build documentation.
Attention Developers and Construction Firms:
An outstanding opportunity awaits in the prestigious suburb of Parkmore. This fully rezoned vacant land comes with approved development rights and detailed council documentation, offering a ready-to-develop solution for experienced builders and investors.
Property Highlights:
Rezoned & Approved for Development
This 991 m2 parcel has already been rezoned for residential development, saving time and regulatory delays. Official council documentation confirms approval for 20 residential units across three floors each, allowing for efficient multi-unit construction.
Draft Plans Included
Architectural plans have been drawn, enabling developers to immediately commence construction. This makes it ideal for those looking to execute a build-to-sell or build-to-rent strategy.
High-Demand Location
Situated in the heart of Parkmore, the site enjoys walking-distance access to Sandton, Benmore Gardens, schools, and major shopping hubs. This prime location ensures strong end-user appeal for both buyers and tenants.
Excellent Transport Links
Strategically positioned with easy access to major routes such as the M1, William Nicol Drive, and Grayston Drive, providing direct connectivity to Sandton CBD, Fourways, Randburg, and surrounding commercial nodes.
✔ Optimal Site Size
At 991 m2, the land size strikes the perfect balance between development potential and construction manageability—ideal for a compact yet high-yield project.
Why Invest in This Development Site?
Ready-to-develop with no rezoning delays
Situated in a high-demand residential area
Approved for 20 units over three floors
Suitable for sectional title sales or long-term rental portfolio
Strong ROI potential in an established, sought-after suburb
Act now to secure this rare, council-approved development site in one of Johannesburg’s most promising residential zones. Opportunities like this in Parkmore are scarce — don’t miss your chance to capitalize on the ongoing demand for quality urban housing.
Contact Piet today to seize this exclusive investment opportunity!
Disclaimer: All measurements and figures are approximate. Terms and conditions apply.
Era Explore Properties CC ta Keller Williams Advance, operates in terms of a franchise agreement with Keller Williams South Africa
Listed for sale at R3,500,000
Compared with 41 active listings in Sandton.
Insight
Priced 22% below the local median — but still inside the typical range for Sandton.
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 41 listings
Compact at a premium · based on 41 listings
Market depth
41 listings
Similar homes town-wide
171 days
Median time on market
Many similar homes
Active across Sandton
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Parkmore is a highly sought-after, leafy residential suburb that offers a peaceful, family-friendly atmosphere while remaining exceptionally close to the vibrant business and retail hubs of Sandton.
