R5,750,000

R5,750,000

1,487m² Vacant Land For Sale in Parkmore
141 5th Street
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Corner Development Stand With 20 to 30 Unit Rezoning Potential in Parkmore

Web Ref. LRR1032
Land size 1487.00 m²
Monthly Bond Repayment
R56,444.49
A rarely available 1,487 sqm corner stand in the heart of Parkmore, offering genuine development potential in one of Sandton's most established residential nodes. Opportunities of this scale and positioning seldom come to market, making this a compelling acquisition for developers and investors with an eye for well-located land.

The property is currently zoned for up to 150 apartments. Rezoning may be applied for to accommodate a reduced number of units, with the potential to develop 20 to 30 apartments - a scale that suits boutique residential developers and reduces bulk infrastructure exposure.

The site benefits from strong surrounding demand, easy access to major arterials, and proximity to Sandton's key business and lifestyle amenities.

Monthly rates are approximately R3,014.

Contact Sharon Louw to arrange a private viewing or discuss the development potential in more detail.
Monthly Rates R3,014

Features

Sizes
Land Size 1,487 m²
Additional Amenities
Vacant Land
Development Opportunity
Development Land
Residential
Listing Info
Date Listed 30-05-25
Time Listed 09:16

Parkmore, Sandton

Google map for 1,487m² Vacant Land For Sale in Parkmore

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