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40 Forest Street, Forest Hill, Johannesburg, Gauteng
R 1 180 000
Unlock the potential of this double stand in the sought-after Forest Hill area, offering an exceptional opportunity for developers and investors. The property comes with approved building plans for a modern 6-unit residential block, each unit designed as a 2-bedroom apartment with undercover parking. The groundwork has already begun — including existing electrical and sewer layout, plus partially completed structural columns — saving you time and upfront construction costs. Property Highlights • Double stand offering generous development space • Approved plans for 6 x 2-bedroom units • Undercover parking included in the design • Existing electrical and sewer infrastructure • Initial structural work already completed • Ideal for multi-unit residential investment Location & Amenities – Forest Hill, Johannesburg Forest Hill is a well-established, centrally located suburb offering convenience and strong rental demand. Nearby amenities include: • Forest Hill Shopping Centre • Schools, crèches and places of worship • Easy access to major transport routes • Close to public transport • Parks, local shops and community facilities This site is perfect for developers looking to step straight into a project with approvals and groundwork already in place.
Estimated monthly repayment
R 11 143
on a R 1 062 000 bond over 20 years at 11.25%
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40 Forest Street, Forest Hill, Johannesburg, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Fairly pricedIn line with comparable 4-bed houses for sale in Forest Hill
Based on 14 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Sipho Van Wyk
Unclaimed listing — claim it to verify
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