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Vacant Land Residential For Sale in Sandown | MyProperty Africa

Vacant Land Residential in Sandown, Sandton

Land Size4001m²

Start now your Construction project with this fully 4,000m2 fully rezoned Stand.

Create a vibrant residential community in a sought-after location, fully rezoned for six to nine units on 4,001 m² — development-ready with documents and easy access to amenities.

Discover a prime opportunity to kickstart your construction project with this fully rezoned 4,000m2 stand.

This versatile property offers you the flexibility to acquire the existing 4,000m2 stand for the development of 6 or 9 units based on your preferred size specifications.

With all rezoned documents readily available for your perusal, you can seamlessly proceed with your construction plans.

Don't miss out on this exceptional opportunity - contact me now before this enticing offer is snapped up by another discerning investor.

Take the first step towards realizing your construction aspirations and secure this strategically located property today.

Let's turn your vision into a reality - call now to seize this exclusive opportunity!

Monthly Costs

Estimated Repayment

R 119,270

TotalR 119,270

* Monthly costs are estimates and should be confirmed with the agent.

Property history

Listed for sale at R13,500,000

10 Apr 2024

Smart Property Insights

MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties

Based on 41 listings in Sandton (town)

Insight

Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 77% above the median. Land size is 48% 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.

Based on 41 active similar listings — Strong confidence

Similar properties pricing

This landR 13,500,000Above range

R 2,440,000R2.4MP25

R 4,999,000R5MMedian

R 9,499,000R9.5MP75

R 2,440,000R2.4MP25

R 4,999,000R5MMedian

R 9,499,000R9.5MP75

Key differences

Price per m²77% abovePremium priced

This landR 3,374/m²

Area medianR 1,902/m²

Based on 41 listings

Land size48% aboveLarge at a premium

This land4001 m²

Typical size2700 m²

Based on 41 listings

Market depth

41 similar listings

High similar land inventory town-wide (Sandton)

Median time on market: 109 days

Sandton Insights·Sandown Insights

* 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

Area Overview

Sandown is a prestigious, centrally located suburb in the heart of Sandton that offers an upscale urban lifestyle with seamless access to South Africa's premier business district, luxury shopping, and world-class amenities.