R 16 990 000 | land property for sale in sandhurst

Debatably the most prime and lucrative stand and development opportunity currently available for acquisition in the North of Johannesburg Spanning an impressive extent of 3265m2, in the heart of the prestigious Sandhurst area.This remarkable piece of land, priced inclusive of VAT offers an ideal canvas for creating your visionary development. Key Features of this plot include: 1.) Prime Location: Situated along a road with a road widening servitude, this plot ensures protection against any potential loss of view. Embrace the allure of the Sandton Skyline as it graces the horizon, providing an awe-inspiring backdrop to your future project. 2.) Development Potential: Unleash your creativity and envision the possibilities! This land parcel permits the construction of up to 6 floors (the remaining 2 floors reaching up to 5 floors), allowing for a total bulk of 8162m2. With a favourable FAR of 2.5, you have the opportunity to realise your architectural ambitions and accommodate up to 48 units. 3.) Garden Servitude Advantage: As an added advantage, a garden servitude in our favour has been secured from the neighbouring property on Boundary Road. This ensures that any construction towards the East side will maintain a comfortable distance, preserving the privacy and tranquility of the plot. 4.) Seamless Development Process: No need to wait or undertake costly demolitions! This site is an infill opportunity, meaning no existing structures need to be removed. Additionally, the zoning is already in place, saving you valuable time and minimising administrative hurdles. Don't miss out on this exceptional offering in Sandhurst. Unlock the potential of this land, where sky-high dreams become a reality. Contact us today to explore this lucrative investment opportunity and pave the way for a prosperous future! Wonderful area Great investment Fantastic opportunity