R 47 000 000 | land property for sale in allandale

This site offers a highly attractive opportunity to acquire fully proclaimed, pre-approved RES 4 land in one of Midrand’s strongest residential development corridors. With zoning already granted for 273 units, the property significantly reduces development timelines, risks, and holding costs — allowing immediate progression to architectural planning and bulk service engagements. 1. KEY ADVANTAGES FOR DEVELOPERS Fully Zoned Residential 4 (No Rezoning Delays) Pre-approved & proclaimed 4 storeys allowed Coverage: 50% FAR: 0.8 Density: 120 du/ha Approved for 273 residential units Outcome: Developers save 12–24 months typically required for rezoning and public participation. This directly accelerates financial modelling and construction lead times. 2. LOCATION ADVANTAGES — HIGH DEMAND NODE Strategically positioned with strong residential absorption potential: ±2 km from Midrand Gautrain Station Close to Grand Central Airport ±1.7 km from Pearson Institute (Midrand Campus) Quick access to Pretoria Main Road Immediate adjacency to the Midrand CBD, surrounded by commercial, institutional, and mixed-use activity Demand Drivers in This Node: Strong tenant pool (students, aviation personnel, young professionals) Constant inflow of commuters via Gautrain Rapid densification surrounding the Midrand CBD High rental demand and occupancy levels in comparable developments 3. MARKET FIT & DEVELOPMENT POTENTIAL The approved zoning supports a wide range of high-yield schemes: Build-to-Rent (BTR) Consistent demand from students and professionals ensures stable occupancy. Sectional Title Apartments Ideal for entry-level and investment buyers in a high-demand, centrally positioned node. Student Accommodation Massive demand due to proximity to Pearson Institute and public transport. Hybrid Model Combination of rental units, student-focused blocks, or mixed residential typologies. 4. DESIGN & SITE EFFICIENCIES With four-storey height rights and efficient coverage ratios, developers can maximise: Compact walk-up block layouts Optimised parking using undercover visitor bays Green building integrations (solar, grey water, heat pumps) Reduced structural costs due to low-rise (4 storey) format This ensures high efficiency of GBA (Gross Buildable Area) relative to land cost. 5. FINANCIAL & DEVELOPMENT BENEFITS Reduced Risk Zoning certainty No rezoning objections No delays due to public participation Immediate feasibility modelling possible Faster Time to Market Shorter project lead time from acquisition to construction Ideal for developers needing quick deployment or pipeline expansion High Rental Absorption Midrand’s central location between Joburg & Pretoria supports high occupancy Close to major employment nodes and transport corridors 6. STRATEGIC MIDRAND POSITIONING The site sits within one of Gauteng’s most active development corridors, supported by: Government infrastructure investment Strong commercial presence Continuous migration toward Midrand for employment and education Gautrain-driven growth This makes the land ideal for multi-phase projects, urban infill, or scalable residential precincts. SUMMARY FOR INVESTORS & DEVELOPERS A rare opportunity to acquire land that is already: Fully zoned RES 4 Proclaimed and pre-approved Market-ready for immediate planning Strategically located with consistent rental and end-user demand Ideal for high-density residential yields Approved for 273 units across four storeys This is one of the lowest-risk, highest-certainty development pieces available in the Midrand node. This is also a res 4 / special zoning