NEW
Web Ref CL35113
POA
Zoned Residential Development Opportunity | Noordwyk Ext 91 | Midrand | Erf +- 29,424m2
Zoned Residential Development Opportunity | Noordwyk Ext 91 | Midrand | Erf +- 29,424m2
A substantial 29,424m² development opportunity situated within the established residential area of Noordwyk Extension 91, Midrand.
The property comprises two Residential 2-zoned erven totalling 23,692m² (2.3692ha), together with a centrally positioned 4,889m² Public Open Space erf and an 843m² road servitude.
The Residential 2-zoned land provides for a density of 40 dwellings per hectare, with an approved development potential of approximately 94 residential units.
Key Development Parameters:
• Total property area: 29,424m²
• Residential 2 development area: 23,692m² / 2.3692ha
• Erf 2838: 18,326m² – Residential 2
• Erf 2839: 5,366m² – Residential 2
• Erf 2840: 4,889m² – Public Open Space
• Road servitude: 843m²
• Density: 40 dwellings/ha | ±94 units
• Height: 3 storeys
• Coverage: 50%
• FSR: 0.6
• Tarred access from Bronberg Street
• Additional access from Eighth Road
• Bulk services contributions payable by the purchaser
• Ample electrical supply capacity available within the area
A Valuable Central Open-Space Component:
Erf 2840 is strategically positioned between the two Residential 2-zoned erven, providing a convenient public open-space and leisure area that can serve future residents of the development. This central positioning creates an opportunity for the open space to form an integral amenity within any future residential development.
The property is situated within an established residential area with convenient access to Midrand and the N1 highway via the Olifantsfontein interchange. It is also located close to Curro Sagewood High School, Noordwyk Secondary School, Blue Hills Shopping Centre, Protea Hotel Midrand, Regal Inn Midrand and Camelot Spa Midrand.
Rates: Approximately R15,528 per month.
An opportunity to acquire 23,692m² of Residential 2-zoned development land, supported by a centrally positioned Public Open Space component and dual access from Bronberg Street and Eighth Road.
Contact the broker for further information.
A substantial 29,424m² development opportunity situated within the established residential area of Noordwyk Extension 91, Midrand.
The property comprises two Residential 2-zoned erven totalling 23,692m² (2.3692ha), together with a centrally positioned 4,889m² Public Open Space erf and an 843m² road servitude.
The Residential 2-zoned land provides for a density of 40 dwellings per hectare, with an approved development potential of approximately 94 residential units.
Key Development Parameters:
• Total property area: 29,424m²
• Residential 2 development area: 23,692m² / 2.3692ha
• Erf 2838: 18,326m² – Residential 2
• Erf 2839: 5,366m² – Residential 2
• Erf 2840: 4,889m² – Public Open Space
• Road servitude: 843m²
• Density: 40 dwellings/ha | ±94 units
• Height: 3 storeys
• Coverage: 50%
• FSR: 0.6
• Tarred access from Bronberg Street
• Additional access from Eighth Road
• Bulk services contributions payable by the purchaser
• Ample electrical supply capacity available within the area
A Valuable Central Open-Space Component:
Erf 2840 is strategically positioned between the two Residential 2-zoned erven, providing a convenient public open-space and leisure area that can serve future residents of the development. This central positioning creates an opportunity for the open space to form an integral amenity within any future residential development.
The property is situated within an established residential area with convenient access to Midrand and the N1 highway via the Olifantsfontein interchange. It is also located close to Curro Sagewood High School, Noordwyk Secondary School, Blue Hills Shopping Centre, Protea Hotel Midrand, Regal Inn Midrand and Camelot Spa Midrand.
Rates: Approximately R15,528 per month.
An opportunity to acquire 23,692m² of Residential 2-zoned development land, supported by a centrally positioned Public Open Space component and dual access from Bronberg Street and Eighth Road.
Contact the broker for further information.
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