This exceptional property offers a rare opportunity for developers and investors in the heart of Newtown, Johannesburg. Situated at 48 Carr Street, this Residential 4-zoned site provides a substantial bulk of 18,468 sqm, making it ideal for high-density residential development. Whether you're planning to create modern apartment blocks, student housing, or mixed-use developments, this property provides the flexibility and scope to realize your vision. Positioned just 2.5 km from Wits University, the property is perfectly situated to cater to the bustling demand for student accommodation and urban housing. The property enjoys easy access to major transport routes, including the M1 and M2 highways, ensuring convenient travel to Johannesburg's central business district and surrounding areas. Additionally, it is well-served by public transport options, enhancing its appeal to students and young professionals. The Residential 4 zoning allows for higher-density development, providing the flexibility to build multi-story buildings that maximize the allowable bulk. With Johannesburg’s ongoing urban regeneration efforts in Newtown, this property is positioned in a thriving area that blends rich history with modern development potential.

Features

Residential 4 zoning

100% coverage

Bulk available 18468m²

Erf Size 4104m²

Industrial warehousing covers all 5 erven Read more...