Vacand Land/ Plot/Farm for sale at Ravenswood
Attention Developers – Prime 2.24 Ha Vacant Land for Sale in Ravenswood!"This is not just a smallholding. It's a 2.24-hectare income-producing development site generating R25,000 per month and positioned next to an approved hospital development. Opportunities like this are extremely rare in the East Rand market."
With 22,427 m², the property is 2.2427 hectares.
In terms of the approved RSDF for the area, RSDF Region "A", the properties are earmarked for density of between 60–120 dwelling units per hectare. is actually permitted and municipality approved, the theoretical development capacity would be:
Density
Calculation
Potential units
60 units/ha
2.2427 × 60
≈ 135 units
90 units/ha
2.2427 × 90
≈ 202 units
120 units/ha
2.2427 × 120
≈ 269 units
An exceptional opportunity awaits developers and investors with this expansive 2.24-hectare vacant stand situated in the sought-after Ravenswood area. At R669 per square this is a give away price!
According to information provided by the City of Ekurhuleni, the property has the potential to accommodate up to 266 residential units, making it an outstanding development opportunity.
Shopping Centre with a Clicks, PnP and other shops is about 400 meters away.
Ideally positioned on a corner stand, the property offers excellent accessibility and visibility. The stand is equipped with 3-phase electricity, a borehole, and is fully walled with a secure entrance gate operated by remote control.
Please note: Only the vacant land is for sale. Any existing buildings on the property are not included in the sale. No Certificate of Compliance (COC) will be issued.
With its generous size, prime location, existing infrastructure, and remarkable development potential, this property presents a rare opportunity for developers looking to invest in a growing area.
Contact Lwando Ngcakani today to arrange a private viewing and discuss the development potential of this exceptional property
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Disclaimer
While every effort will be made to ensure that the information contained within the Northpoint Realty website is accurate and up to date, Northpoint Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.