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R16,000,000

Vacant Land Residential for sale in Broadacres Ah

23,774m²
23,774m²
Reduced
Prime Development Res 3 Cedar Road, Broadacres, Sandton

Development Land for Sale in Broadacres, Sandton

This prime piece of Residential 3-zoned development land, measuring 23,678m2, is now available for sale in Broadacres, Sandton. The site offers excellent potential for developers, with the following zoning details:

- Approved for 70 dwelling units per hectare

- F.A.R: 0.8

- Maximum building height: 4 storeys

- 50% coverage allowance

- Zoned for Residential 3 use

An SDP is still pending submission for approval. The total land size is 2.3678 hectares, with a portion of 0.7987 hectares reserved as a servitude for a future road. This reserve area can be utilized as an open park space, leaving 1.5691 hectares of usable land along Cedar Road. Additionally, the property is conveniently located just a block away from Broadacres Shopping Centre.

This version presents the information from a more formal, third-person point of view, making it suitable for property listings or advertisements.

Property Type
Vacant Land Residential
Stand Size
23,774m²
Building Size
23,774m²
Reference
2316757
Property history
Listed for sale at R16,500,000
12 Sep 2024
Price reduced by 3% to R16,000,000
11 Oct 2024
Get to know Sandton
Considered as the heart of Johannesburg, Sandton is one of the most important financial and business hubs in South Africa. It attracts many industry business powerhouses to its centre and along with it comes those seeking to make a name for themselves here.
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