Property
Description
Property Description
This property is a rare opportunity for a developer with vision. Spanning approximately 35,609 m², the parcel is zoned Special at the street frontage and Residential 3 at the rear, allowing a well-balanced mixed-use or phased residential/commercial scheme. Situated directly opposite Randpark Ridge Mall with excellent access to John Vorster Drive, the site offers high visibility, strong pedestrian and vehicle exposure and easy connections to surrounding transport networks. The site’s natural assets, including mature landscaping and a peaceful, private setting, provide an excellent foundation for attractive communal amenities, landscaped open spaces and secure residential precincts. The property is currently income-generating, delivering steady holding revenue while planning and approvals are being progressed. That makes it particularly appealing for investors or developers who want to preserve cash flow and de-risk timing while preparing detailed designs and securing the necessary consents. The parcel is highly versatile and well-suited to senior living, assisted living or retirement village concepts, with the potential to include on-site medical, wellness and community facilities to serve residents. Its proximity to retail, transport and local amenities supports higher-care models and provides convenient lifestyle benefits for occupants. Overall, the site presents a compelling opportunity to deliver a distinctive, market-responsive development in a well-established and accessible area.
Features
35,609m²
Dual zoning Special at the frontage and Residential 3
Prime Randpark Ridge location
Freehold title
High-visibility site
Redevelopment opportunity
Well-established suburb
Income-generating asset providing holding revenue during approvals
Area Description
Randpark Ridge is an attractive, well-established suburb with a strong mix of residential, retail and commercial activity, making it an excellent location for new development. The area benefits from high-quality local amenities, including Randpark Ridge Mall, medical centres, schools and a wide range of shops and services, together with reliable public transport and direct access to John Vorster Drive, which supports both commuter and retail catchments. The local demographic mix of families, professionals and retirees creates demand for a range of product types, from medium-density housing and mixed-use schemes to senior and assisted-living options. Ongoing local activity and convenient lifestyle amenities generate consistent footfall and rental demand, helping to underpin income while approvals are secured and supporting long-term asset performance. For developers, this combination of connectivity, catchment depth and amenity delivers a compelling environment for visionary, market-responsive projects
Area Amenities
Randpark Ridge Mall: 380 m
Health-WorX Medical Centre
Trinityhouse Randpark Ridge
Beyers Naudé Drive
Curro Aurora Private School
Rock Cottage Centre & Lifestyle Garden Centre