Prime Development Opportunity in Edenburg, Rivonia
Price Reduced! R 3,950,000
Discover this versatile and well-located property offering endless potential for development. Situated in the high-traffic area of Edenburg, Rivonia, this property features 4 spacious bedrooms, 4 bathrooms, and two additional cottages, ideal for rental or guest accommodation. The expansive plot is perfectly suited for developers, investors, and renovators, providing ample opportunity for both commercial or mixed-use projects.
Zoning Highlights:
Land Size: 2,540 sqm, offering plenty of space for new development
Borehole: Can be restored for added value
Zoning: Residential 3, with potential for secure duplex townhouses or sectional title units
Density: Approved for up to 10 units on this site (40 units per hectare)
Building Height: Up to 3 storeys, including a basement
Land Coverage: 50%, allowing for significant green space
FAR (Floor Area Ratio): 1.3, ideal for large-scale projects
Security: Electric fencing, beams, security doors & windows, street patrol
Location Perks: Prime visibility on a busy road, perfect for attracting a steady flow of clients.
Strategic access to Rivonia Road, N1 highway, shopping centers, schools, and public transport hubs.
This property is a rare find in a highly sought-after location, making it ideal for business expansion or new development. Whether you're planning a residential project or a mixed-use investment, this site offers the flexibility and convenience that will attract buyers and tenants alike.
For further inquiries. Contact Amelia today to schedule a viewing and explore the full potential of this exceptional property.
