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121 9th Avenue, Florida, Roodepoort, Gauteng
R 950 000
Prime Development Opportunity | Zoned Residential 3 | Florida, RoodepoortPieter Du Plessis and REMAX - Town and Country proudly present this exceptional development opportunity located at 38B 9th Avenue, Florida, Roodepoort, set on a generous 1,494 m² stand that is fully walled and securely enclosed.This property is ideally positioned in a well-established suburb with strong demand for residential accommodation. Florida offers excellent accessibility to major routes, including Ontdekkers Road, Gold Reef Drive, and nearby public transport options. The area is conveniently located close to schools, shopping centers, medical facilities, places of worship, and essential amenities, making it attractive for both end-users and investors.The stand currently features a small, dilapidated structure, presenting a blank-canvas development opportunity for investors or developers looking to maximize the site''s potential.Zoning andamp Development PotentialThe property is zoned Residential 3, which generally permits medium-density residential development. This zoning typically allows for:Townhouses or sectional title unitsWalk-up apartments subject to height and coverage restrictionsResidential buildings intended for multi-unit accommodationResidential 3 zoning is well suited to developers seeking to create income-generating residential projects, subject to municipal approval and compliance with applicable town-planning regulations.Municipal ServicesThe seller is currently being billed by the City of Johannesburg for:Rates and taxesWater and sanitationPikitup refuse removalPre-paid electricity as per the municipal statementThis indicates that the property is formally registered with the municipality and serviced, with municipal infrastructure available to the site. Any future development would typically involve confirming capacity and connections through the relevant municipal departments as part of the planning and building approval process.Key FeaturesStand size: 1,494 m²Fully walled and enclosedResidential 3 zoningEstablished suburb with strong rental and development demandEasy access to amenities and main routesIdeal for developers and investorsAn excellent opportunity to unlock value in a well-located, high-potential area.To make an offer, contact Pieter today!BAROVILLE TRADE AND INVESTMENTS 10 PTY LTD trading as REMAX Town and Country Florida operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less
Estimated monthly repayment
R 8 971
on a R 855 000 bond over 20 years at 11.25%
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121 9th Avenue, Florida, Roodepoort, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Andile Mthembu
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