5 079 m² Land available in Terenure

Expansive Development Opportunity in Established Terenure, Kempton Park

Discover an exceptional development opportunity in the heart of Terenure, Kempton Park. This expansive 5079 square metre land parcel presents a rare chance to create a bespoke residential project or a substantial family estate. Situated within an established neighbourhood, the property benefits from existing infrastructure and a vibrant community atmosphere, making it an ideal canvas for your vision.

The generous erf size offers ample space for diverse architectural designs, from a sprawling family home with extensive gardens to a multi-unit residential development, subject to necessary approvals. Currently zoned Residential, with Residential 3 permissible as per Ekurhuleni GIS System. Density of up to 40 units/ha, equating to 20 opportunities. Ideal for townhouse or cluster home complex. The terrain is largely flat, which can significantly streamline construction processes. Currently undeveloped with an old dwelling of approximately 200sqm that would need to be cleared. Boundary walling and fencing and an access gate are in place, providing a defined perimeter.

Located in the high demand suburb of Terenure, residents will enjoy convenient access to local amenities, schools, and major transport routes. The surrounding area features established residential complexes, indicating a well-developed and desirable living environment. A prime property and location, ready to be converted into a sought-after lifestyle offering.

Key Features:

- Expansive 5079 sqm vacant land.

- Significant residential development potential.

- Located in established Terenure, Kempton Park.

- Relatively flat terrain for easier construction.

- Adjacent to established residential properties.

- Close proximity to local amenities (schools, shops, medical) and transport links.

MAXONE HOLDINGS (PTY) LTD trading as RE/MAX One (Waterfall) operates in terms of a franchise agreement with RE/MAX of Southern Africa.