$494,766

Unimproved Land Port Elizabeth

  • 6.24 Ac lot
  • Actualizado: Agosto 13
  • 4
    Vistas de los últimos 30 días
  • 2

Sobre la propiedad

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15 MONTMEDY ROAD - One of the last of its kind in this area! Prime 2.5-hectare development site in Lorraine — Zoned RES 1 and TRAN 1, ideal for mid-density, transit-oriented housing.

Overview:
Situated between established townhouse communities, this ready-to-develop parcel offers a high-potential infill opportunity in a proven residential corridor. Zoning RES 1 with TRAN 1 overlay sup
15 MONTMEDY ROAD - One of the last of its kind in this area! Prime 2.5-hectare development site in Lorraine — Zoned RES 1 and TRAN 1, ideal for mid-density, transit-oriented housing.

Overview:
Situated between established townhouse communities, this ready-to-develop parcel offers a high-potential infill opportunity in a proven residential corridor. Zoning RES 1 with TRAN 1 overlay supports a versatile residential product mix aligned with market demand for walkable, transit-adjacent living.

- Infill location: Immediate integration with existing townhouse clusters reduces infrastructure risk and accelerates time-to-market.
- Zoning RES 1 development with TRAN 1 overlay enables a mix of mid-density housing and transit-oriented design, with potential for stacked or low-rise apartment formats and/or walkable townhouse blocks (subject to approvals).
- Serviced and connected: Well-positioned for utilities and municipal services; strong street frontage and frontage alignment with current road network to support phased development.
- Demand-driven product: Proximity to schools, parks, retail, and employment hubs supports a compelling demand profile for mid-density housing.
- Phased delivery potential: Enables staged development to match market absorption and financing timelines.

Zoning & Development potential:
- RES 1: Residential density suitable for townhouses, duplexes, and related uses. Opportunities for retirement village or nursing home.
- TRAN 1 overlay: Transit-oriented provisions that favour higher densities and pedestrian-friendly design near transit nodes (subject to final municipal approvals and design guidelines).
All concept plans and density envelopes to be confirmed with the local planning department

Site summary:
- Land area: 2.5 hectares
- Location: Infill site between existing townhouse communities in Lorraine
Access: Direct or near-term access via adjacent collector streets

For more information, contact us today!
  • Tipo de propiedad

    Terreno

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15 Montmedy, Port Elizabeth, Eastern Cape, Lorraine, El Cabo Oriental, Sudáfrica Ver en Google Maps
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Jess Peens

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Jess Peens
South Africa
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2026
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Block B, 1st Floor, Metropolitan Office Park,, 279 Cape Rd,, Newton Park, South Africa
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Última actualización
Agosto 13
Primera publicación
Feb 18
Referencia del anuncio
2016682411188780
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