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38,000m² Vacant Land For Sale in Sandton Central

R265,000,000

Web Ref No san38000

Rare Land Investment Opportunity in the heart of Sandton.

38 000 m2 of vacant land available for development in the heart of Sandton Central, this prime piece of land is in one of the busiest sections in the node.

With special use zoning the property has primary rights for business, retail, residential buildings, dwelling units, institutions, places of amusement, instruction and refreshment. As per scheme consent rights permit all other uses excluding industrial and public garages.

Permitted height for developing is 40 stories, this could be increased in terms of an approved site plan. Coverage is 70% of the total ERF area (including servitudes). Coverage for parking structures could be increased with the approval of the site development plan. The floor area as per scheme is 120 000m2, provided that the retail floor area shall not exceed 4000m2.

Features

Zoning Mixed Use
Land Size 38,000m²

Broker Contact Details

Kirsten Chalice
Non-Principal Property Practitioner
Registered with PPRA
(FFC 123 6596)

Cell 0671027844
Office (011) 453 1220
Alex Vangelatos
Non-Principal Property Practitioner
Registered with PPRA
(FFC 122 8962)

Cell 0833158558
Office (011) 453 1220

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