A fully packaged and shovel-ready residential development in the heart of Rosebank – one of Johannesburg’s most sought-after growth nodes. This opportunity offers immediate market access, supported by strong comparative sales, completed approvals, and a professional development team in place. Development Summary 19 Luxury Townhouses (10 x Triplex A 9 x Triplex B) Each unit ±178 m² with premium architectural design Private gardens and balconies included Secure basement parking Contemporary finishes tailored to high-income urban buyers Site zoning: Residential 3 Site size: ±2,200 m² SDP fully approved and in place Bulk services allowance: R1.35 million Turnkey development documents available Investment Highlights Project value: R92 million – R95 million in gross sales Estimated sales per unit: R4.48m to R4.7m Projected ROI: 20% to 30% based on pricing strategy Gross profit supported by verified market benchmarks All marketing, plans, and financial modelling complete Professional team appointed (Architect, QS, Engineer, PM) Location Strength Positioned in the heart of Rosebank, this site benefits from exceptional walkability to key commercial, retail, and transport nodes. The area is rapidly maturing into Johannesburg’s premier live-work-play zone, attracting both local and international buyers. Nearby Amenities Include: Rosebank Mall and The Zone retail precincts Gautrain Station and public transport connectivity Premium office buildings and co-working hubs Leading private schools and tertiary institutions Major hospitals, wellness facilities, and lifestyle services This makes the development ideal for upmarket professionals, executive families, and investors seeking high rental yields in a stable, appreciating suburb. Why Acquire This Site? Zero lead-in time – all planning and approvals are in place Premium design and unit sizes ideal for current buyer trends Validated pricing model with competitive R/m² benchmarks ROI-backed feasibility with conservative risk exposure Comparable developments in the node priced well above R29,000/m² Available for Direct Sale This is a rare opportunity to acquire a plug-and-play residential development in the heart of one of Johannesburg’s most resilient and in-demand areas. Feasibility report, marketing documentation, cost breakdowns, and sales model available on request.
Purchase Price R 11 500 000
Type of PropertyLand
Land Size2142 m2
Last Updated30 Jun 2025
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