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394 Alexander Road, Halfway Gardens, Midrand, Gauteng
R 4 500 000
Calling Developers: Prime Land Zoned for 28 Units in Halfway GardensPrime Development Opportunity in Halfway Gardens, MidrandAn exceptional opportunity awaits developers and investors with this prime vacant land, boasting significant potential for residential townhouse development. Located in the prestigious suburb of Halfway Gardens, Midrand, this site is strategically positioned to capitalise on a thriving market.This project is poised for immediate progression, with zoning already approved for 28 residential units. This pre-approved status offers unparalleled flexibility, allowing you to implement your own architectural designs and commence sales efficiently, whether through off-plan marketing or other strategic avenues. The substantial erf size of 3568 square metres provides ample space for a well-planned and desirable development.The land''s strategic location near key amenities, including the renowned Mall of Africa, enhances its appeal for future residents, ensuring strong demand. Beyond residential development, this versatile property also presents possibilities for alternative uses such as churches, religious facilities, creches, primary and high schools, or accommodation establishments, subject to resubmission to the planning department.Seize this unparalleled chance to unlock the full potential of this remarkable property. Due to a technical issue, photo analysis was not possible for this listing, but the inherent value of the land and its approved development potential remain clear. Don''t let this significant investment opportunity pass by.Key FeaturesApproved zoning for 28 residential unitsPrime location in Halfway Gardens, MidrandGenerous erf size of 3568 sqmProximity to Mall of Africa and other amenitiesFlexible development optionsPotential for alternative uses subject to planning approvalXTLS INVESTMENTS 90 PTY LTD trading as REMAX Masters Bryanston operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less
Estimated monthly repayment
R 42 495
on a R 4 050 000 bond over 20 years at 11.25%
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394 Alexander Road, Halfway Gardens, Midrand, Gauteng
Listed by
Nomvula Mnguni
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