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R5,500,000
$300,075
£232,172
€277,448

Vacant Land Commercial for sale in Ndabeni

1,492m²
Residential Development Opportunity

Excellent residential redevelopment opportunity in sought after node of N’dabeni. Ideally positioned with easy access to N1 and N2 Highways, M5 Freeway and all other major arterial roads, as well as the new Amazon Headquarters, now accessible from the new Berkley Road extension.

The site currently comprises 2 adjoining erven with improvements as pictured. The erven have been consolidated.

Site development plans approved for an apartment block comprising 42 Apartments (39 x 2bed; 3 x 1 bed), with 42 Parking Bays. Final plans will need to be submitted to council as a formality but the approved site development plans have already been through planning; traffic; zoning, etc. approved demolition certificates are already in place.

The site is surrounded by several other smaller blocks of flats. Located in sought after, central node popular for residential accommodation.

Property Type
Vacant Land Commercial
Stand Size
1,492m²
Rates & Taxes
R4,800
Reference
2369307
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R61,570
Home loan repayment
R56,770
Rates and taxes
R4,800
Utilities
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R0
Property history
Listed for sale at R5,500,000
07 Mar 2025
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