Commercial space in Krugersdorp Central

High Density Residential development land for sale

Prime Development Opportunity Portion 701, Rietfontein 189 IQ The Wedge, Muldersdrift

A rare 4.6329-hectare development parcel is now available for sale at R7 500 000. Situated along the highly sought-after Beyers Naud Drive M5 in Muldersdrift, Portion 701 forms part of the approved Greengate township and enjoys established land-use rights for Residential 2 full-title and sectional-title units and Residential 3 sectional-title and rental apartments. The property is ideally positioned to benefit from the imminent upgrade of the M5, including new service roads, which will significantly enhance accessibility and value in this fast-growing corridor between Johannesburg and Krugersdorp.

This parcel represents an exceptional investment for developers or investors looking to capitalise on the strong demand for residential product in the Muldersdrift North West Corridor. The site benefits from excellent exposure, established infrastructure in the surrounding precinct, and proximity to major highways N14 and Beyers Naud Drive.

Portion 701 has approved land-use rights under the proposed Greengate Extension 90 township for the following:

Residential 2: 54 units full-title dwellings

Residential 3: 136 units sectional-title or rental apartments

Total number of units permitted: 190

These rights are specifically allocated to Portion 701 as part of the approved township application. The development will consist of a mix of full-title houses Residential 2 and higher-density sectional-title rental apartments Residential 3.

Note:

The actual number of units that can ultimately be constructed will also depend on final site layout, density controls, parking requirements, and building-plan approval by the Mogale City Local Municipality.

The rights become effective once the township is proclaimed.

Site Details

Size: 4.6329 hectares 46 329 m²

Proposed Approved Land-Use Rights Greengate Extension 90 Township

Residential 2: 54 full-title units

Residential 3: 136 sectional-title rental apartments

Total permitted units: 190 units

Transfer duty will apply