An enticing Land Development opportunity as best positioned 'developer site' available in Sandhurst, with three options.
AT R29 900 000 - BULK CONTRIBUTION PAYABLE BY PURCHASER
AT R34 500 - BULK CONTRIBUTION PAYABLE BY SELLER
Furthest stand in the Sandton node.
Unobstructed views to Magaliesburg mountains with the gentle slope of the land.
Eight years to obtain full multi-storey rights.
OPTION 1
Developer rights:
Five floors plus a basement for parking.(build +- 85 units)
Land slope lends itself to digging in for the basement from the Cleveland Road side.
*SERVITUDE TYPE
Unclassified Urban
* AREA/LINE Area
* TAG VALUE A4377/1946001
* GEOMETRY 1602 m2
* Primary rights as per scheme
* Consent rights as per scheme
* No rights as per scheme
* Parking provision as per scheme
* Height as per scheme - zoned (5 storey )
* Coverage as per scheme - 60%
* Floor area as per scheme - 2.5
OPTION 2
Plot and Plan - see images of "future view"
Further subdivision into 6 or 8 stands
Build high-end architecturally designed homes with marketing potential of R25mil. each.
Architectural services available on request.
OPTION 3
Build a dream home with the advantageous access from both Empire and Cleveland Roads
Architectural services of Urban Eight, available on demand.
Important to note:
NEW Egoli gas pipe directly on the pavement therefore natural piped gas for heating, geyser, stove. Therefore, minimal electricity requirement.
Interesting facts:
- Coordinates: 26°6'45?S 28°2'24?E
- Empire Place has a length of 1.72 kilometers.
- Area: 245 ha
- Households: 1,411 (575.07 per km2).
- “Sandhurst is to South African residential suburbs what Michelangelo is to South African hotels”.
- One of wealthiest suburbs in the country and home to some of the most expensive real estate on the African continent.
- All entrances to the suburb are boomed, security is high and closed to public thoroughfare.
Streets are heavily patrolled.
- Minutes from Sandton City, Hyde Park shopping, the Inanda Club, Wanderers Cricket Club, and leading private schools in the area.
