Prime 8.7-Hectare Development Opportunity in High-Growth Corridor
The rezoning process to Residential 3 is in its final stages, with only establishment conditions outstanding. Upon completion, the approved zoning will enable a broad spectrum of development formats, including retirement and lifestyle estates, modern walk-up apartment schemes, cluster housing, and integrated mixed-use precincts. This advanced zoning status significantly reduces entitlement risk and accelerates project timelines, allowing developers to transition swiftly from acquisition to execution.
The site’s generous proportions support comprehensive master planning, enabling the creation of a cohesive, self-sustaining community that seamlessly integrates residential, recreational, and selective commercial components. Carefully positioned retail or service offerings may be incorporated to enhance convenience, improve resident retention, and strengthen long-term asset performance.
A distinctive natural wetland feature further elevates the property’s appeal. This element offers the opportunity to develop a central landscaped park, greenbelt, or ecological corridor, enhancing environmental sustainability while creating a premium lifestyle amenity. When thoughtfully incorporated, this natural asset can serve as a signature feature that differentiates the development within the market.
The property benefits from close proximity to established bulk services and supporting infrastructure, reducing development costs and facilitating efficient project rollout. Combined with its strategic location, advanced zoning status, and substantial land size, the site offers an exceptional platform for scalable, high-return development.
Key Investment Highlights
Land Size: 87,000m² (8.7 hectares) of prime, contiguous development land
Zoning: Residential 3 – final approval stages
Development Potential: Suitable for large-scale residential estates, retirement villages, cluster housing, walk-up apartments, or mixed-use precincts
Commercial Integration: Opportunity to incorporate retail and service components
Natural Feature: Wetland ideal for landscaped parks, green corridors, or eco-focused design
Infrastructure: Convenient access to existing bulk services and major supporting networks
A Platform for a Landmark Development
This rare offering combines scale, zoning certainty, and strategic positioning to deliver a compelling investment proposition. Whether envisioned as a lifestyle estate, retirement village, residential hub, or integrated urban precinct, the site provides the essential foundations to deliver a high-quality, future-ready development with strong market appeal and long-term value.
For developers and investors seeking to secure a premium foothold in a high-growth node, this property represents a compelling opportunity to create a legacy asset with enduring returns.
Features
Carlswald, Midrand
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Finance
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Disclaimer
While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.