2.6 ha Land available in President Park

Prime Residential Development Opportunity Fully Proclaimed & Pre-Approved Land (Midrand)

This exceptional parcel of Residential 4 zoned land presents a rare opportunity to acquire a fully proclaimed and pre-approved development site in one of Midrands most strategically located growth nodes. Ideally positioned for high-density residential development, the property offers significant potential for developers and investors seeking to capitalize on strong residential demand in the Midrand corridor.

Key Features

Zoning: Residential 4 with Special Use rights

Development Rights: Approved for 273 residential units

Height Restriction: Up to 4 storeys

Site Coverage: 50%

Floor Area Ratio (FAR): 0.8

Density: 120 dwelling units per hectare

Parking Provision: Includes undercover and visitor parking

Location Highlights

Strategically situated just off West Road with excellent connectivity to Pretoria Main Road (R101), the site benefits from its proximity to major transport and institutional nodes:

2 km south of the Midrand Gautrain Station and Grand Central Airport

1.7 km north of the Pearson Institute of Higher Education (Midrand Campus)

Within close proximity to the Midrand CBD, a well-established mixed-use area featuring retail, commercial, and educational amenities

The location offers seamless access to the broader JohannesburgPretoria corridor, enhancing its appeal for residential tenants and owners alike.

Purchase Options

Cash Price: R47,500,000

Structured Payment Option:

8 monthly installments of R5,937,500

Total Price: R47,500,000

Note: Both purchase options reflect the same total value, offering flexibility to qualifying buyers.

This is a turnkey residential development site in one of Gautengs fastest-growing urban centers. With bulk infrastructure, zoning, and planning approvals already in place, the property is ready for immediate development, significantly reducing holding costs and time to market.

Ideal for developers seeking shovel-ready opportunities with excellent locational attributes and high residential demand potential.