Property
Description

Property Description

The property is set on a double stand and zoned Residential 4, which presents a valuable development opportunity in Turffontein. The double stand footprint offers flexibility and scale, enabling a substantial project design that can cater to both market-rate and affordable housing demands. With Res 4 zoning, the site benefits from higher density rights, allowing for the development of multi-unit residential schemes. This zoning supports efficient land use and increased yield, giving developers the opportunity to optimize the site’s bulk and capitalize on Johannesburg’s growing housing demand. The location, combined with the unique advantage of consolidated land, creates the potential for a high-return investment. Developers/investors can tailor the scheme to market needs—whether for entry-level buyers, rental stock, or mixed-use residential models—while benefiting from the strong fundamentals and upside potential that Res 4 zoning in this area provides.

Features

Double Stand -- 990m²

Residential 4 Zoning

Multiple Dwellings

3 Garages / 3 Carports

Corner site on a prominent road

Area Description

Turffontein is a well-established suburb south of Johannesburg’s CBD, with strong transport links and proximity to key economic areas. The area continues to attract demand for affordable residential accommodation, particularly rental housing.The suburb has a diverse mix of residential and commercial properties, with steady occupancy levels across affordable and mid-market housing. This provides a reliable base for new development aimed at meeting the ongoing housing demand.The subject is zoned Residential 4, which permits higher-density residential development, including multi-storey apartments, townhouses, and cluster housing. This zoning allows for efficient land use and provides flexibility in development approach.With its Res 4 rights, double stand size, and location within an accessible and established node, the site offers scope for a residential project that responds to market demand while maximising the development potential of the land.

Area Amenities

Sasol Raceway - 0.72km

Superspar The Market Kenilworth - 1.3km

Shoprite Rosettenville - 1.2km

Taal-Net International School - 1.8km

Turffontein Medical Centre - 650m

SAPS Dobsonville Police Station - 1.71km