R3,250,000

R3,250,000

4 Bedroom House For Sale in Grosvenor
4
Bedrooms
2.5
Bathrooms
2
Garages

Unrivaled Development Potential on the Bluff: Unlock Massive Value in Grosvenor

Web Ref. CMNT-6375
Land size 3397.00 m²
Floor size 466.00 m²
Monthly Bond Repayment
R31,903.41
Attention developers, consortiums and high net worth investors! An exceptional and rare opportunity has hit the market in the highly sought-after, well established suburb of Grosvenor, Bluff. This sizeable, consolidated vacant site offers the perfect canvas for a lucrative residential project, backed by strong municipal guidance and undeniable high demand in the area. With an incredibly competitive entry price for land of this magnitude, this property is primed to unlock significant development value.

Current Zoning. Special Residential 400. Immediate Potential. Under the current Special Residential 400 zoning, the site allows for up to 8 residential units as of right.

Exceptional Rezoning Uplift. Benefit from strong municipal support to rezone the land to Medium Residential Density.

Versatile Design Footprint. The perfect layout for a modern sectional title apartment complex, walk-up units, or an exclusive townhouse development.

Strategic Access. The property features highly advantageous 2 road potential access and exit points, a crucial asset for smooth architectural design and traffic flow.

Proven Location. Situated in a high-demand, stable residential neighborhood with an established market eager for new modern units.

Secure Your Next Landmark Project. Opportunities to acquire a consolidated parcel of land of this size, with this level of zoning flexibility and at this price point on the Bluff, are few and far between. Whether you are looking to build a high-density apartment complex or an upmarket townhouse estate, the foundation for a highly profitable return on investment is already laid out for you.

Act swiftly to secure this prime development site.

Contact us today for more information or to arrange a site discussion!
Monthly Rates R1,756

Features

Interior
4 Bedrooms
2.5 Bathrooms
1 Kitchen
2 Lounges
2 Dining Rooms
Exterior
2 Garages
15 Parkings (Secure Parking)
1 Flatlet
Pool
Domestic Accom
Sizes
Land Size 3,397 m²
Floor Size 466 m²
Additional Amenities
PRIME DEVELOPEMENT OPPERTUNITY
IDEAL FOR SECTIONAL TITLE UNITS
SPECIAL RESIDENTIAL 400
SPACE FOR 20 TO 25 UNITS
Listing Info
Date Listed 22-05-26
Tramaine Naidoo
Tramaine Naidoo Candidate Property Practitioner
Gary Pelser
Gary Pelser Candidate Property Practitioner

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.