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24 Derby Drive, North Riding, Randburg, Gauteng
R 17 999 999
North Riding''s Last Developable Canvas: 2.696ha Prime Residential OpportunityNorth Riding''s Premier Development Opportunity: The Last Canvas AwaitsPresenting an unparalleled opportunity in North Riding: a substantial 2.696-hectare 26,960sqm parcel of raw, undeveloped land. This represents the final significant developable site within the highly active and proven BellairsDerby residential corridor, making it a truly unique market event. Every other comparable site has been successfully developed, built upon, and sold, underscoring the exceptional rarity of this offering.The viability of this location is unequivocally demonstrated by the adjacent Sant''Ana estate, VTC Africa''s flagship luxury development. This successful project, featuring three, four, and five-bedroom villas and apartments, confirms the strong demand for high-quality residential offerings in the area. With surrounding complexes consistently achieving transaction values between R1.4 million and R2.3 million per unit, the potential Gross Development Value for approximately 47 residential stands on this erf is compelling. This canvas is ready for your vision, whether for a sectional title, full-title estate, or phased release.Strategically positioned, the property benefits from outstanding local amenities and connectivity. Northriding Square is just 500 metres away, and North Riding Secondary School is within 800 metres. Excellent arterial access via Bellairs Drive provides immediate links to the N14 and William Nicol, placing this site at the geographic heart of a high-density, high-demand residential market that has consistently shown resilience. This is not a peripheral investment it is central to a thriving community.Opportunities of this scale and nature in North Riding are exceptionally rare. The seller is asking R19,990,000 and is highly motivated to engage with credible developers and investors. Perimeter offers will be given serious consideration. Seize this last call for a first-mover advantage in one of Randburg''s most dynamic growth nodes.Key Features2.696 Hectares 26,960sqm of Undeveloped LandLast Significant Developable Site in BellairsDerby CorridorProven Residential Development NodeAdjacent to Successful Luxury Estate Sant''AnaHigh Gross Development Value Potential 47 Residential StandsProximity to Northriding Square 500m and North Riding Secondary School 800mExcellent Arterial Access Bellairs Drive, N14, William NicolSeller Asking: R19,990,000PARKVILLE 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 169 979
on a R 16 199 999 bond over 20 years at 11.25%
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24 Derby Drive, North Riding, 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
Sizwe Nel
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