Property
Description
Property Description
Proposed 228-Unit Development | Parkrand, Boksburg
Situated at 149 Matthews Drive (Portion 149 Leeuwpoort), this prime 10.23-hectare parcel features 3.8 hectares earmarked for high-density development (excluding proclaimed roads).
• High-Density Yield: Proposed township at 60 units/ha, unlocking a massive footprint of 228 total residential units.
• Smart Subdivision: three erven proposed (1.25 ha, 1.31 ha, and 1.06 ha) plus a 0.20 ha private access road.
• Unbeatable Location: Flanked by major economic drivers like Mall@Carnival and Makro Carnival, Parkrand Piazza, bustling areas like Sunward Park, and top-tier schools just minutes away.
• Commuter Goldmine: Instant connectivity to the N17 and R23, linking to Joburg, Benoni, and Springs.
With low holding costs during the planning phase, this is a rare land asset. Whether you want to break ground immediately or land-bank in Gauteng's fast-growing hub, this prime spot offers a compelling next acquisition.
The registered land size is 10.2341 hectares, with the locality giving future tenants or buyers immediate access to excellent surrounding amenities – established schooling, shopping and convenience at Parkrand Piazza, and multiple filling stations within easy reach.
Features
Land Size: 102 341 m² (10.2341 ha registered; 3.8 ha buildable)
Road Access: Yes
Property Potential: Rezoning / Development Potential, Signage / Billboard Opportunity, Subdivision Potential
Township Proposal: 228 residential units (60 units/ha)
Overall Condition: Excellent Development Opportunity
Area Description
Boksburg is a powerhouse within the Ekurhuleni Municipality—an area often called "Africa's Workshop" because it generates nearly a quarter of Gauteng’s manufacturing and industrial output. It is also a high-density, family-centric area with low tenant vacancy risk. Whether you are building the next highly sought-after secure residential estate or capitalizing on Gauteng's booming logistics and light-industrial demand, 149 Matthews Drive places you directly in the sweet spot bridging the gap between premium suburban living and high-velocity economic corridors.
Area Amenities
Boksburg Stadium – 0.5 km
Parkrand Piazza (shopping centre) – 0.8 km
Miles of Smiles Private Preschool – 0.9 km
Parkrand Primary School – 1.1 km
Mall@Carnival, Brakpan – 3.8 km