R35,000,000

House for sale in Edenburg

House For Sale In Edenburg

A developer's dream- so many options. A boutique hotel, a business, and residential purposes. Two of the stands are corner properties and have Twelve Ave Edenburg as their boundary.

Rezoned land, 3 large stands are measuring a total of 13 875 m2, close to the hub, schools, and main roads of Rivonia. Up to 235 units can be constructed on the properties or a combination with business and residential. A letter from Johannesburg Water confirming approval held. There is an existing house on one of the properties which can be let h out should developments be constructed in phases. Also, a cell phone tower located on one of the properties has a long term lease agreement in place, again a plus for income generation.

Below are the basic conditions concerning the stands.

Stand 1. Measuring 4954m2

From "Business" (including a restaurant) to "Special" for 20 units, residential buildings private open space purposes, business convenience associated with the development to the site but not restricted to coffee shop hairdresser printing shop and lonely facilities and subject;

  • Height restriction -5 stories, excluding parking.
  • FAR 1.35.
  • Coverage -50% excluding parking
  • Servitude and boundary line conditions.
  • Density 120 du/aj.

Stand 2 and 3 measuring 4460m2 and 4461m2 respectively

From "Business" (including a restaurant) to "Special" for 20 units, residential buildings private open space purposes, business convenience associated with the development to the site but not restricted to coffee shop hairdresser printing shop and lonely facilities and subject;

  • Height restriction -4 four stories
  • FAR-0.78
  • Coverage -50% excluding parking
  • Servitude and boundary line conditions.
  • Density 120 du/aj, as per the scheme.

Please contact us for more information and to arrange a viewing

Property Type
House
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house listed on 27 Jun 2020