$1,235,157

One Property. Four Possibilities. Exceptional Upside Ideal For Astute Entrepreneurs!

  • 43,056 Sqft lot
  • Updated: Today
  • 5
    Views for last 30 days
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About the Property

PRICED TO SELL TODAY!
4000sm - AN EXCEPTIONAL DEVELOPMENT OPPORTUNITY!

Endless options and possibilities.
A rare opportunity to acquire 4000sm of strategically positioned development land, offering multiple avenues for residential, commercial or hospitality investment.

OPTION 1 - RESIDENTIAL DEVELOPMENT

80 Apartments - 6 Storeys (Potential for 10 Storeys and upt
PRICED TO SELL TODAY!
4000sm - AN EXCEPTIONAL DEVELOPMENT OPPORTUNITY!

Endless options and possibilities.
A rare opportunity to acquire 4000sm of strategically positioned development land, offering multiple avenues for residential, commercial or hospitality investment.

OPTION 1 - RESIDENTIAL DEVELOPMENT

80 Apartments - 6 Storeys (Potential for 10 Storeys and upto 400 apartments.)

An exciting residential development opportunity with the potential to create approximately 80 apartments over 6 storeys, with the possibility of obtaining approval for up to 10 storeys.

Only approximately 6 months remain before final approval — presenting an exceptional opportunity for developers seeking to capitalise on a project with substantial upside potential.

OPTION 2 - MULTIFACETED SMALL-BUSINESS DEVELOPMENT

Acquire the existing structure and reimagine and convert the space into a dynamic multi-purpose business environment, creating a collection of individual spaces ideally suited to a variety of small-business enterprises.

A versatile concept offering the potential for multiple income streams within one centrally located development.

OPTION 3 - OFFICE DEVELOPMENT

A compelling opportunity to utilise the existing structure or redevelop the site into a purpose-designed office block, catering to the ever-growing demand for quality commercial workspace.

OPTION 4 - AIRBNB -HOSPITALITY OPPORTUNITY

Convert the existing structure into a boutique hospitality destination offering comfortable, stylish accommodation.

With the potential to create at least 30 one-bedroom units, the property lends itself exceptionally well to a sophisticated short-term accommodation concept — providing guests with a comfortable, contemporary lifestyle while creating an attractive income-producing asset.

ONE PROPERTY. FOUR POSSIBILITIES. EXCEPTIONAL UPSIDE.

Priced to sell today — this is an opportunity for developers, investors and entrepreneurs to unlock the full potential of a substantial 4,000m² holding.
  • Property type

    Country House

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Illovo, Chislehurston, Gauteng View on Google Maps
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Tasha Rossen Tasha Rossen background
Joined 3 years ago
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Tasha Rossen
South Africa
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Tasha Rossen Tasha Rossen background
24
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2026
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Sandton
Sandton
136 10th Street, Parkmore, Sandton Johannesburg 2196 South Africa, South Africa
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Last updated
Today
First listed
Aug 12
Listing reference
RLF33292
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