2.1 ha Land available in Fourways

Premium Development Opportunity Craigavon Fourways

Fully Structured 60-Unit Residential Project | High-Growth Node

Asking Price Land Rights: On Application

Location: Craigavon, Fourways, Johannesburg

Erf Size: 2.1128 Hectares

Development Scope: 60 Residential Units 30 units per hectare

Investment Overview

This is a ready-to-execute residential development opportunity positioned in one of Johannesburgs strongest growth corridors. The project has been conceptually structured for medium-density residential units, targeting the high-demand Fourways market.

The opportunity is suited for:

Property developers

Joint venture partners

Equity investors seeking exposure to residential development margins

Financial Snapshot Developer Metrics

Total Development Cost All-In: R210 million

Includes land, construction, professional fees, bulk services, and contingencies

Estimated Gross Development Value GDV: R276 million

Projected Net Profit: R66 million

Estimated Developer Margin: 31 on cost

Cost Breakdown Insight

Construction Labour Materials Services: R120 million

Quoted by an experienced Johannesburg-based contractor

Balance includes:

Land acquisition

Bulk infrastructure & services

Professional fees

Compliance & approvals

Contingency provisions

Development Highlights

Located in the rapidly expanding FourwaysCraigavon node

Strong demand for sectional title and cluster developments

Proximity to:

Fourways Mall

Cedar Square

Major transport routes

Ideal for:

First-time buyers

Young professionals

Buy-to-let investors

Strategic Advantages

Efficient density: 60 units over 2 hectares

Scalable design for phased development if required

Positioned in a high-absorption residential market

Attractive margin profile for experienced developers

Important Considerations

All figures are based on current feasibility and contractor input

Final returns subject to:

Detailed design

Municipal approvals

Market conditions at time of sales

Call to Action

Serious investors and developers are invited to engage for:

Full feasibility pack

Concept layouts

Financial model breakdown

JV structuring discussions