2Ha Vacant Land For Sale in Norton Home Estate
R7,500,000
Monthly Bond Repayment R77,414.13
Calculated over 20 years at 11% with no deposit.
Web Ref No CBNN-8639
42 Doreen Road – Holding 42, Nortons Home Estates AH
Situated in the Norton Park Estate, Benoni* (bordering Pamona, Kempton Park), this prime parcel of land spans *25,733 square meters* (2.57 hectares) and occupies a strategic position between the bustling High Road and Great North Road.
Current Zoning: Agricultural
Precinct: D (Triangle between Great North Road & High Road)
Designation: Mixed-Use Infill Zone
Allowable Land Uses Include:
- Mid- to high-density residential development;
- Community-oriented uses (e.g., institutions, places of worship);
- Home undertakings and professional home offices;
- Places of instruction;
- Places of refreshment (e.g., cafes, restaurants);
- Business buildings and hi-tech industrial use;
- Medical- and agriculturally oriented uses;
- Residential establishments.
Regional Spatial Development Framework (RSDF) Classification:
- *Mixed-Use (Business/Retail Bias):* The property is positioned within a primary/secondary node, emphasizing business and retail components, supported by middle- to high-density residential development.
Key Features:
- Expansive, versatile land parcel in a high-growth corridor;
- Strategic location with direct access to major transport routes;
- Ideal for forward-thinking developers eyeing mixed-use, commercial, or residential projects;
- Agricultural zoning offers immediate use potential, with scope for rezoning/development aligned with the RSDF.
Opportunity:
Secure a sizable, strategically located property in a rapidly evolving area. Perfect for investors or developers seeking to capitalize on Benoni’s urban expansion and demand for integrated business-residential hubs.