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R 50 000 000

Vacant Land / Plot for Sale in Carlswald

8 Garden Road, Carlswald, Midrand

Erf Size 8.7 ha

Prime 8.7-Hectare Residential Development Land

An exceptional investment opportunity for property developers and investors! Located on Garden Road in Midrand, this expansive 8.7-hectare parcel of land offers immense development potential in one of Gauteng’s fastest-growing residential and commercial nodes. The property is in the final stages of the township establishment process, dramatically reducing your lead time to breaking ground. Key Investment Highlights • High-Yield Rezoning Progress: Rezoning is almost complete, with only the Conditions of Establishment outstanding for Residential 2 zoning. • Versatile Development Potential: Perfectly suited for: o A modern Retirement Village / Lifestyle Estate. o High-density Three-Story Walk-Up residential units. • Unique Eco-Feature: Features a small, natural wetland on-site—ideal for integrating into a secure, private park, greenbelt, or lifestyle walking trail for residents. • Favorable Tax Structure: The transaction attracts VAT instead of Transfer Duty, offering significant cash flow and tax benefits for VAT-registered developers. Estimated Yield & Feasibility Scenarios Note: Calculations below assume an effective buildable area of approximately 6.0 to 7.0 hectares after carving out the wetland buffer, private parkland, internal roads, and municipal servitude requirements. Scenario A: Three-Story Walk-Up Apartments • Density Target: ~40 units per hectare (net buildable area). • Estimated Total Units: 350 (1, 2, and 3-bedroom configurations). • Target Market: Young professionals, small families, and rental stock investors in the Midrand growth corridor. Scenario B: Secure Retirement Village / Lifestyle Estate • Density Target: ~25 to 35 units per hectare (net buildable area). • Estimated Total Units: 160 – 220 Units (Single-story cluster homes, sectional title cottages, plus frail-care/clubhouse facility). • Target Market: Active retirees seeking secure living with private green belts and walking trails around the wetland feature. Situated strategically along Garden Road, this site offers seamless access to major arterial routes (N1 highway via New Road / Olifantsfontein Road), top-tier medical facilities, vibrant retail centers (Mall of Africa, Midrand City), and key business parks. Please call or whatsapp for more information
Listing Number
113968456
Type of Property
Vacant Land / Plot
Street Address
8 Garden Road, Carlswald
List Date
16 March 2025
Erf Size
8.7 ha
No Transfer Duty
Yes
Rates and Taxes
R 30 251
Pets Allowed
No

Sports and Leisure

Midrange
0.96km
Virgin Active
3.38km
Virgin Active Kyalami Corner
4.05km

Education

Sagewood School
0.98km
Kids Milestone Primary School
1.34km
Summerhill Preparatory School & Nursery School
1.49km
Midrand English Medium Primary School
1.68km
Fundamental Foundation Academy
2.02km
Noordwyk Secondary School
2.36km
Christ Church School
2.48km
Jubilate Primary School
2.69km
Bentley Preparatory School
2.98km
Blue Hills College
3.16km
Carlswald House Preparotory School
3.36km
Beaulieu Preparatory School
3.71km
Kyalami Pre school Montesorri
3.74km

Transport and Public Services

Sasol
1.75km
Russian Orthodox
1.94km
Christ Church Midrand
2.38km
Engen
2.41km
Midrand
3.67km
Caltex
3.89km
Caltex
4.00km

Food and Entertainment

The Courtyard Café
2.41km
Papachinos
3.09km
The Rock Kyalami
4.04km
Jacksons Real Food Market
4.06km
Salsa Mexican Grill
4.08km

Health

Noordwyk
2.49km

Shopping

Crowthorne Shopping Centre
2.89km

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