R5,750,000

R5,750,000

1,487m² Vacant Land For Sale in Parkmore
141 5th Street
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Rare 1487sqm Parkmore Corner Stand With Scheme Flexibility

Web Ref. LRR1032
Land size 1487.00 m²
Monthly Bond Repayment
R56,444.49
A rare 1,487sqm corner stand in the heart of Parkmore, one of the largest pieces of developable land available in the suburb. Current zoning permits up to 150 apartments, but the bulk services contribution required for a scheme of that scale has historically deterred buyers. A smaller, boutique apartment scheme is the more practical path on land of this size and position, and the structure to make that work is best discussed directly.

Position is the second story. The stand sits within walking distance of Benmore Gardens and a short drive from Sandton City. Crawford College Sandton, Redhill, Hyde Park Corner, Morningside Shopping Centre and Mediclinic Sandton are all within a tight radius. Gautrain access at Sandton station and immediate connections to the M1 give residents and tenants the full Sandton commute envelope. For a developer building boutique apartments to sell or hold for rental, the catchment is already proven.

Monthly rates are approximately R3,014. Site visits and detailed development discussions are by private appointment.

Contact Sharon Louw to walk the stand and explore how the development can be structured to suit your scheme.
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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