We are excited to
present a rare and highly sought-after development land opportunity in the
heart of Kengies, Property Overview:
We are excited to
present a rare and highly sought-after development land opportunity in the
heart of Kengies, one of Johannesburg's most vibrant and rapidly evolving
suburbs. This prime property spans 2.0235 hectares (20,235 m²) and is perfectly
positioned to capitalize on the burgeoning demand for residential living in
this coveted area.
his prime property
spans 2.0235 hectares (20,235 m²) and is perfectly positioned to capitalize on
the burgeoning demand for residential living in this coveted area.
Development
Potential:
The site is zoned
for Residential 3, allowing for the development of up to 93 sectional title
apartments. The approved density permits 46 units per hectare, translating to a
total of 93 units. The proposed breakdown includes 61 market homes and 32
inclusionary homes, catering to a broad spectrum of prospective residents.
The development
rights include:

Coverage: 60%
Height:
Up to 4 storeys
Slope:
Gentle west to northeast

The property is
divided into two erven of approximately 10,000 m² each, providing a versatile
layout for development. Notably, there are no floodline restrictions, and an
approved City of Johannesburg Layout Plan is in place. Power supply will be
sourced from Eskom.
Area Insights:
Kengies is a
prominent suburb within the Fourways region, nestled between the well-regarded
Fourways Gardens Estate and Broadacres. The area boasts a well-established
network of multi-unit residential homes, including both sectional title and
freehold properties developed by leading development companies. With no vacant
land remaining in the vicinity, this property stands out as a unique investment
opportunity.
Kengies is
renowned for its low crime index, making it an attractive locale for young
professionals and families. The suburb benefits from its proximity to major
transport routes, including:

O.R. Tambo International Airport: 42.3 km (38 minutes via N3 Eastern Bypass)
Lanseria International Airport: 14.1 km (15 minutes)
Johannesburg CBD: 43.6 km
Sandton CBD: 17.9 km

Investment
Opportunity:
This site
represents more than just a parcel of land; it is a gateway to becoming part of
a transformative urban development. With the Lanseria Smart City project set to
redefine the area, now is the ideal time for savvy investors to secure a stake
in this burgeoning market.
Development
Vision:
Prospective
developers have the opportunity to create a luxury, boutique-style apartment
community. The design potential includes modern architectural elements with
state-of-the-art finishes and amenities, appealing to upwardly mobile young
professionals and families. A green, solar-powered solution could add
significant value and attract eco-conscious buyers.
The site's
strategic location offers convenient access to schools, shopping centers,
restaurants, and entertainment options. Nearby amenities include:

Shopping: Broadacres Lifestyle Centre, Fourways Gardens Shopping Center,
and Fourways Mall.
Restaurants: Mugg andamp; Bean, Buitengeluk, Outer Limits, Grey Wolf Spur,
and Prime Grill andamp; Butchery.
Medical Facilities: Life Fourways Hospital, Mediclinic Morningside, Netcare
Olivedale Hospital, Mediclinic Sandton, and Netcare Sunninghill Hospital.
Schools:
Broadacres Academy, Chartall Business College, Chartwell House Montessori
Eco School, Dainfern College, and Unity College.

Conclusion:
Kengies Extension
59 offers a compelling opportunity for developers to create a distinguished
residential community in one of Johannesburg's most promising suburbs. With its
excellent location, development potential, and the anticipated rise in land
values, this property is poised to be a highly lucrative investment.
Contact Us:
For more
information or to schedule a viewing, please contact Shante or Guy]. Don't miss
this chance to be part of a thriving neighborhood transformation. Secure your
future in Kengies today! Read more...