3,461m² Vacant Land For Sale in Menlo Park

R8,500,000

Monthly Bond Repayment R86,294.46
Calculated over 20 years at 10.75% with no deposit.

Web Ref No RL48056

Adjacent stands with zoning approvals in place

DEVELOPERS, HERE IS YOUR GEM

Two adjacent stands, one golden opportunity.

• Zoning: Res 3 – Approved for 120 units/Ha – that's 41 units in total across both stands.
• Stand 1: 2230sqm | Stand 2: 1231sqm
• Extensions are in place
• Tribunals are done and dusted
• Plans are drawn up
• Bulk services + consolidation + final rezoning – YOUR move to complete.

Bonus: Both stands come with income-producing homes. Tenants in place, and the rental returns are strong. (LOW holding costs)

• Side by side. Perfectly positioned.
• Location, potential, and solid returns from day one.

Lock it in before someone else builds your vision.

Menlo Park has a central position near the N1 highway, within easy reach of the CBD, is near major shopping malls (Menlyn Park and Brooklyn Mall), and has a revamped heart, with a theatre, coffee bars, restaurants and cafés.