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937 Malibongwe Drive, Bellairs Park, Randburg, Gauteng
R 4 390 000
Prime Development Opportunity in the Heart of Bellairs Park An exceptional opportunity awaits developers, investors and land bankers seeking a strategic acquisition in one of Randburg`s fastest-growing residential corridors. Positioned on approximately 8,569m² along the prominent Malibongwe Drive, this expansive property offers outstanding exposure, excellent accessibility and significant long-term development potential. Large parcels of land in this location are becoming increasingly scarce, making this a rare opportunity to secure a substantial holding in an area experiencing ongoing residential growth. The property is currently improved with an existing 5-bedroom residence, providing the flexibility to generate rental income, establish a site office, or repurpose the improvements while future plans are considered. However, the true value lies in the land itself and the opportunities it presents for redevelopment, subject to the necessary municipal approvals. Currently zoned as Res 1 with strong potential for rezoning to Res 2 or Res 3 Surrounded by established residential estates and conveniently located near Northgate Shopping Centre, Bellairs Mall, Fourways, Witkoppen Drive, the N1 and N14, the property enjoys excellent connectivity to major amenities and transport routes, enhancing its appeal for future residential projects. Property Highlights ±8,567m² landholding Prominent Malibongwe Drive frontage Existing 5-bedroom residence Excellent visibility and accessibility Established residential surroundings Borehole Close to major shopping centers, schools and transport routes Exceptional long-term investment potential Suitable for redevelopment, subject to municipal approvals Whether your vision is a boutique townhouse development, secure residential estate or a strategic land-banking investment, this property offers the scale and location to support a range of future possibilities. Opportunities of this caliber are increasingly difficult to find. Contact us today to arrange a private viewing and discuss the property`s full development potential.
Estimated monthly repayment
R 41 456
on a R 3 951 000 bond over 20 years at 11.25%
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937 Malibongwe Drive, Bellairs Park, Randburg, Gauteng
Listed by
Kagiso Ntuli
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