Vacant Land For Sale In Fourways, Sandton

Premium Development Opportunity – Craigavon / Fourways Fully Structured 60-Unit Residential Project | High-Growth Node Asking Price (Land + Rights): On Application Location: Craigavon, Fourways, Johannesburg Erf Size: 2.1128 Hectares Development Scope: 60 Residential Units (±30 units per hectare) Investment Overview This is a ready-to-execute residential development opportunity positioned in one of Johannesburg’s strongest growth corridors. The project has been conceptually structured for medium-density residential units, targeting the high-demand Fourways market. The opportunity is suited for:
·Property developers
·Joint venture partners
·Equity investors seeking exposure to residential development margins
Financial Snapshot (Developer Metrics) Total Development Cost (All-In): ±R210 million (Includes land, construction, professional fees, bulk services, and contingencies) Estimated Gross Development Value (GDV): ±R276 million Projected Net Profit: ±R66 million Estimated Developer Margin: ±31% on cost Cost Breakdown Insight Construction (Labour + Materials + Services): ±R120 million (Quoted by an experienced Johannesburg-based contractor) Balance includes:
·Land acquisition
·Bulk infrastructure & services
·Professional fees
·Compliance & approvals
·Contingency provisions
Development Highlights
·Located in the rapidly expanding Fourways/Craigavon node
·Strong demand for sectional title and cluster developments
Proximity to:
·Fourways Mall
·Cedar Square
·Major transport routes
Ideal for:
·First-time buyers
·Young professionals
·Buy-to-let investors
Strategic Advantages
·Efficient density: 60 units over 2 hectares
·Scalable design for phased development (if required)
·Positioned in a high-absorption residential market
·Attractive margin profile for experienced developers
Important Considerations
·All figures are based on current feasibility and contractor input
Final returns subject to:
·Detailed design
·Municipal approvals
·Market conditions at time of sales
Call to Action
·Serious investors and developers are invited to engage for:
·Full feasibility pack
·Concept layouts
·Financial model breakdown
·JV structuring discussions