Unlock High-Density Living Potential – 28 370sqm | Zoned Residential?3
Positioned in the rapidly expanding Raceway Park precinct of Bloemfontein, this expansive 28 370sqm stand is fully zoned Residential 3 (high density)—your gateway to creating a landmark multi-unit residential development.
Zoning & Development Rights:
Zoning Classification: Residential 3 – supports up to 45 dwelling units per hectare
Estimated Yield: Approximately 127 units* (subject to final site layout and council approval)
Building Envelope:
Storeys: Up to 4 storeys permissible without relaxation
Site Coverage: 60% maximum
Floor Area Ratio (FAR): 2.0 (allowing up to 56 740sqm of buildable floor area)
Parking Provision: Minimum 1 bay per unit; generous space for visitor bays and communal
parking courts
Strategic Location & Infrastructure:
Access: Direct frontage onto two internal precinct roads with seamless links to the N1 and main arterials
Services On-Site: Bulk water, sewer, stormwater, electricity, and high-speed fibre connectivity ready at the boundary
Amenities Nearby: Major shopping centers, schools, medical facilities, and recreational parks all within a 5?km radius
Growth Corridor: Raceway Park’s residential sector has seen strong demand, driven by proximity to employment hubs and quality-of-life amenities
Why This Investment Stands Out:
Scale & Flexibility: Ample land area for mid-rise apartment blocks, sectional-title complexes, or a mixed-use residential precinct
Economies of Density: High-density zoning unlocks greater returns per square metre
Developer Appeal: Multiple access points and full servicing accelerate time-to-market
?? Enquire today to review detailed zoning maps, discuss projected yields, or arrange a private site inspection. High-density land of this scale in Raceway Park is exceptionally rare!
*Yield estimate based on Residential?3 allowance of 45?units/ha; final unit count subject to site planning and municipal approval.
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