1 541 m² Land available in Linden

Rezoned Development Land Res 3 with 6 Units Approved 39 Third Avenue Linden

PRICE: R2,750,000

ERF: 1,541sqm

The hard work is done. The rights exist. The land is yours to build on.

This is not off-plan. Not a concept. Not a proposal. This is 1,541sqm of fully rezoned Residential 3 land in Linden - with Amendment Scheme 20-01-3216 gazetted in the Provincial Gazette on 23 February 2022. Operative. Bankable. Done.

THE RIGHTS - CONFIRMED

Rezoned from Residential 1 to Residential 3. Approved by the Executive Director: Development Planning, City of Johannesburg on 21 September 2021. Promulgated. No appeal window. No process to complete. You buy the land. You build.

THE NUMBERS

Erf: 1,541sqm | Full Title

Zoning: Residential 3 Amendment Scheme 20-01-3216

Max units: 6 dwelling units on-site

Density: 40 duha

FAR: 0.9 andgt up to 1,387m² of buildable floor area

Coverage: 50

Height: Zone A - 3 storeys

Building Lines: As per scheme

Bulk service contributions: Pre-assessed at R357,164 incl. VAT sewer R55,865 water R31,519 roads R29,443 electricity R116,150 parks R124,186

No unknowns. No surprises.

THE BENCHMARK THAT MATTERS

37 Third Avenue. Same street. Same erf size - 1,541sqm. No Res 3 rights. No approved units. Sold August 2024 for R2,410,000.

You are buying the same piece of Linden. Plus Residential 3 zoning. Plus 6 approved units. For only R340,000 more than a standard house plot.

THE MARKET CONTEXT

Linden full title median: R2.70M 2025. 97 full title transfers in 2025 - the suburb trades. Upper Middle income demographic. Consistent demand. Time Out magazine ranked Linden 17th Coolest Neighbourhood in the World - not for hype, for substance.

Recent area sales full title, same precinct:

44 7th Street 2,313m²: R4,000,000 - Oct 2024

57 9th Street 1,735m²: R3,600,000 - Jul 2024

88 9th Street 1,689m²: R3,500,000 - Feb 2025

55A 10th Street 829m²: R5,000,000 - Feb 2025

New-build townhouse pricing in Linden currently sits in the R3.2M-R4.5M range per unit.

THE LOCATION

Laerskool Louw Geldenhuys: 170m walking

Horskool Linden: 490m same street

De La Salle Holy Cross College: 590m

King David Victory Park: 1.26km

Emmarentia Dam andamp Botanical Gardens: 10 min

Cresta 250 stores: 2km

Sandton CBD: 15 min

Njam, Yield Coffee, The Whippet, Brian Lara: walkable

Schools, parks, restaurants, highway access. The full-title buyer - and the tenant - both want this postcode.

SPECIFIC CONDITIONS PRE-CONFIRMED

Site Development Plan to be submitted to Council prior to building plan approval

Access and Egress to Council''s satisfaction

Both standard. Neither a blocker. Both manageable within the normal pre-build process.

THE DEAL

Seller is motivated. Clean title - registered in Deeds Office Pretoria. No off-plan commitments to inherit. No construction delays. No co-investors to manage.

R2,750,000. The rights are in. The suburb is proven. The entry point is clear.

PARKVILLE PROPERTIES PTY LTD trading as REMAX Advantage Rosebank operates in terms of a franchise agreement with REMAX of Southern Africa.