Blackheath - Property Ref: f108819

Property
Description

Property Description

This is a rare opportunity to acquire three adjoining Residential 3 development erven, each measuring approximately 2 000 m² (approximately 6 000 m² combined), in one of the Blackheath / Northcliff area’s most desirable residential locations. Ideally positioned on a prominent corner site, the properties offer exceptional development potential within an established, upmarket suburb that continues to experience strong demand for quality residential accommodation. With zoning allowing for up to 20 residential units per erf, developers have the opportunity to create a substantial residential project of approximately 60 units across the combined sites, while the erven may also be developed individually, providing flexibility for a phased development strategy. The site is located just minutes from major arterial routes, leading shopping centres, excellent schools and hospitals, offering future residents outstanding convenience while benefiting from the tranquillity and prestige of the Northcliff area. The property is suitable for sectional-title, rental or mixed residential developments and represents an excellent opportunity for developers and long-term investors, with development land of this scale and zoning in the area being exceptionally scarce. Whether developed as individual projects or as a larger residential estate, this offering represents a unique opportunity to secure a premium development site in one of Johannesburg’s most established and sought-after suburbs. All development yields and rights are indicative only and subject to the relevant municipal approvals, zoning rights and applicable regulations; prospective purchasers should conduct their own due diligence.

Features

Land Size: 6 000 m² total (3 erven of approx. 2 000 m² each)

Zoning: Residential 3

Development rights: Up to 20 units per erf (approx. 60 units combined)

Configuration: Three adjoining erven – may be developed together or individually

Prominent corner position: Yes

Road Access: Yes

Rights / Approvals in Place: Yes

Suitable for sectional-title, rental or mixed residential developments: Yes

Area Description

The property is located on Weltevreden Road in Blackheath, on the border of the sought-after Northcliff area in Randburg, Johannesburg, Gauteng. The area is an established, upmarket residential suburb with strong demand for quality housing, and the site offers convenient access to leading shopping centres, excellent schools and hospitals, as well as major arterial routes, including Beyers Naudé Drive, linking the area to Randburg, Roodepoort and the wider Johannesburg metropolitan area.

Area Amenities

Cresta Shopping Centre – approximately 0.3 km

Northcliff Primary School – approximately 1.2 km 

Northcliff Corner Shopping Centre – approximately 1.8 km

Reddford House Northcliff (school) – approximately 3.9 km 

Life Flora Hospital – approximately 5.5 km 

Netcare Olivedale Hospital – approximately 8.8 km