Negotiating from R4 999 000.
Located along one of the most desirable treelined 24 hour guarded street. Malgas Avenue is a dream location for an astute, multi-unit developer to acquire zoned township land, packed with an up-market cluster development potential.

Six approved residential stands with central access and roadway are found on a gentle 4,015m2 south to north gradient. The excisting 630 square metre home could be used as temporary accommodation, site offices and multi-dimentional storage.

Town Planners have on behalf of the owners, successfully facilitated removal of restrictive conditions and subdivision of the property into Residential 2 Erven of approximately 535m2 each, with a central spine road of approximately 800m2. Section 34 applications for the installation of stormwater, sewer, and electricity connections are due for submission.

Homes here could potentially be sized from about 400m2. Plans could be customized to suit, with fittings, finishes and detailing personalized. You have direct access from a single entrance on the lovely, tree-lined Malgas Avenue onto the site. A green, solar powered solution could be a significant feature to the homes if offered.
People talk about the intimacy and the community feel of this Green Park location, perfectly situated between two of Douglasdale’s most prestigious high-end estates.
Coupled with the location close to Fourways, and with easy access via arterials in or out, development land must be a smart investment with highly profitable
returns expected down the line. Read more...