R8,000,000

Vacant Land Residential for sale in Lorraine

15 Montmedy
25,251m²
Vacant Land Residential For Sale In Lorraine

15 MONTMEDY ROAD - One of the last of its kind in this area! Prime 2.5-hectare development site in Lorraine — Zoned RES 2 and TRAN 1, ideal for mid-density, transit-oriented housing.

Overview:

Situated between established townhouse communities, this ready-to-develop parcel offers a high-potential infill opportunity in a proven residential corridor. Zoning RES 2 with TRAN 1 overlay supports a versatile residential product mix aligned with market demand for walkable, transit-adjacent living.

- Infill location: Immediate integration with existing townhouse clusters reduces infrastructure risk and accelerates time-to-market.

- Zoning RES 2 development with TRAN 1 overlay enables a mix of mid-density housing and transit-oriented design, with potential for stacked or low-rise apartment formats and/or walkable townhouse blocks (subject to approvals).

- Serviced and connected: Well-positioned for utilities and municipal services; strong street frontage and frontage alignment with current road network to support phased development.

- Demand-driven product: Proximity to schools, parks, retail, and employment hubs supports a compelling demand profile for mid-density housing.

- Phased delivery potential: Enables staged development to match market absorption and financing timelines.

Zoning & Development potential:

- RES 2: Residential density suitable for townhouses, duplexes, and related uses.

- TRAN 1 overlay: Transit-oriented provisions that favour higher densities and pedestrian-friendly design near transit nodes (subject to final municipal approvals and design guidelines).

All concept plans and density envelopes to be confirmed with the local planning department

Site summary:

- Land area: 2.5 hectares

- Location: Infill site between existing townhouse communities in Lorraine

Access: Direct or near-term access via adjacent collector streets

For more information, contact us today!

Property Type
Vacant Land Residential
Stand Size
25,251m²
Rates & Taxes
R5,125.74
Residential
Yes
Reference
ENT0303931
Address
15 Montmedy
Estimated monthly costs
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R84,995.74
Home loan repayment
R79,870
Rates and taxes
R5,125.74
Utilities
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R0
Property history
Listed for sale at R8,000,000
08 Aug 2025
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