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93A 3rd Avenue, Linden, Randburg, Gauteng
R 2 750 000
Rezoned Development Land Res 3 with 6 Units Approved 39 Third Avenue LindenPRICE: R2,750,000ERF: 1,541sqmThe hard work is done. The rights exist. The land is yours to build on.This is not off-plan. Not a concept. Not a proposal. This is 1,541sqm of fully rezoned Residential 3 land in Linden - with Amendment Scheme 20-01-3216 gazetted in the Provincial Gazette on 23 February 2022. Operative. Bankable. Done.THE RIGHTS - CONFIRMEDRezoned from Residential 1 to Residential 3. Approved by the Executive Director: Development Planning, City of Johannesburg on 21 September 2021. Promulgated. No appeal window. No process to complete. You buy the land. You build.THE NUMBERSErf: 1,541sqm | Full TitleZoning: Residential 3 Amendment Scheme 20-01-3216Max units: 6 dwelling units on-siteDensity: 40 duhaFAR: 0.9 andgt up to 1,387m² of buildable floor areaCoverage: 50Height: Zone A - 3 storeysBuilding Lines: As per schemeBulk service contributions: Pre-assessed at R357,164 incl. VAT sewer R55,865 water R31,519 roads R29,443 electricity R116,150 parks R124,186No unknowns. No surprises.THE BENCHMARK THAT MATTERS37 Third Avenue. Same street. Same erf size - 1,541sqm. No Res 3 rights. No approved units. Sold August 2024 for R2,410,000.You are buying the same piece of Linden. Plus Residential 3 zoning. Plus 6 approved units. For only R340,000 more than a standard house plot.THE MARKET CONTEXTLinden full title median: R2.70M 2025. 97 full title transfers in 2025 - the suburb trades. Upper Middle income demographic. Consistent demand. Time Out magazine ranked Linden 17th Coolest Neighbourhood in the World - not for hype, for substance.Recent area sales full title, same precinct:44 7th Street 2,313m²: R4,000,000 - Oct 202457 9th Street 1,735m²: R3,600,000 - Jul 202488 9th Street 1,689m²: R3,500,000 - Feb 202555A 10th Street 829m²: R5,000,000 - Feb 2025New-build townhouse pricing in Linden currently sits in the R3.2M-R4.5M range per unit.THE LOCATIONLaerskool Louw Geldenhuys: 170m walkingHorskool Linden: 490m same streetDe La Salle Holy Cross College: 590mKing David Victory Park: 1.26kmEmmarentia Dam andamp Botanical Gardens: 10 minCresta 250 stores: 2kmSandton CBD: 15 minNjam, Yield Coffee, The Whippet, Brian Lara: walkableSchools, parks, restaurants, highway access. The full-title buyer - and the tenant - both want this postcode.SPECIFIC CONDITIONS PRE-CONFIRMEDSite Development Plan to be submitted to Council prior to building plan approvalAccess and Egress to Council''s satisfactionBoth standard. Neither a blocker. Both manageable within the normal pre-build process.THE DEALSeller is motivated. Clean title - registered in Deeds Office Pretoria. No off-plan commitments to inherit. No construction delays. No co-investors to manage.R2,750,000. The rights are in. The suburb is proven. The entry point is clear.PARKVILLE PROPERTIES PTY LTD trading as REMAX Advantage Rosebank operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less
Estimated monthly repayment
R 25 969
on a R 2 475 000 bond over 20 years at 11.25%
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93A 3rd Avenue, Linden, Randburg, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Dylan Van Zyl
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