R 15 999 000
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3 ha Land available in Wildtuin Park

3 ha

Prime development land for sale in Wildtuinpark, Kugersdorp!!

PRIME DEVELOPMENT LAND FOR SALE WILDTUINPARK KRUGERSDORP R15,999,000 Negotiable!!

3.03 Hectares with Res 4 Zoning in place for up to 413 Units

An exceptional development opportunity in a sought-after location, adjacent to an upmarket residential estate and close to the Krugersdorp Game Reserve.

DEVELOPMENT-READY FUNDAMENTALS

A number of important groundwork elements have already been addressed:

Residential 4 zoning already in place

Township Proclamation completed

Soil testing completed

Negotiations with Mogale City regarding municipal services have taken place

A transformer room is in place to facilitate electricity supply to the stands

Mogale City will need to be engaged sufficiently in advance regarding the provision of the additional services required for the development

This well-positioned 3.03-hectare development site, comprising two adjoining stands, offers developers an exciting opportunity to create a substantial residential development in an established and desirable area of Krugersdorp.

The property is already zoned Residential 4 Res 4, allowing four-storey walk-up residential developments, with a combined potential of approximately 413 units across the two stands.

DEVELOPMENT POTENTIAL

Combined: 3.03 ha | Potential 413 Units

Preferable sale of both stands together at R15,999,000 negotiable, consideration may be given to selling one stand initially and the second stand shortly thereafter, subject to agreement on price and terms.

Individual stands sale may be considered:

Erf 411 1.5755 ha

Res 4 zoning

Potential for approximately 220 four-storey walk-up units

Erf 412 1.4561 ha

Res 4 zoning

Potential for approximately 193 four-storey walk-up units

FURTHER COMMERCIAL POTENTIAL

The strategic location also creates the possibility of a neighbourhood convenience centre, small shopping centre or convenience storefilling station, subject to the necessary rezoning and municipal approvals.

With established residential development in the surrounding area, proximity to the Krugersdorp Game Reserve, and adjacency to an upmarket estate, the site offers the potential to cater to both residential and local convenience needs.

A STRATEGIC DEVELOPMENT OPPORTUNITY

Whether your focus is a substantial residential development or exploring an alternative mixedcommercial opportunity, this property offers a combination of size, location, existing zoning and development potential that makes it worthy of serious consideration.

Contact me for further information, supporting documentation and to arrange a viewing.

Property details

  • Listing number T4405138
  • Property type Residential Land
  • Listing date 6 Nov 2023
  • Land size 3 ha

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