Web Ref No LFRT-8767

Situated in the thriving suburb of Allen's Nek, this prime piece of land presents an exceptional development opportunity. The land is strategically located in a well-established area surrounded by a mix of residential townhouses, office buildings, and commercial hubs. This area is in close proximity to a major shopping center, making it a desirable location for both developers and residents.

Key Features:
Zoning: Residential 3
Density: 40 dwelling units per hectare
Maximum Height: 2 storeys

The site is ideal for high-density residential developments such as townhouses or apartment complexes, offering flexibility and room for innovative architectural design. With its zoning, the property can support up to 40 units per hectare, providing significant potential for growth in an area that continues to see rising demand for housing.

Surroundings:
Surrounded by established townhouse complexes and office buildings
Conveniently located near a major shopping hub, offering easy access to retail, dining, and other amenities

Development Potential:
The zoning and density allowance make this erf a prime candidate for developers looking to capitalize on the increasing demand for residential units in the area. The proximity to both residential and commercial developments further enhances the appeal of this land as a sound investment.

Conclusion:
The land presents a rare opportunity to develop within a highly sought-after area of Roodepoort. With ample space for a high-density residential project, excellent access to amenities, and a well-established surrounding infrastructure, this property is poised to deliver significant returns for the right developer.