R15,000,000


Rare Opportunity – Large, Vacant Stand of 5 058 m2
161 Empire Place
Web Ref.
RLS987652
The stand is located on Empire Place in exclusive Sandhurst on the very doorstep of the Sandton CBD. This offers you the chance to build your dream home or the potential for property development in this prestigious suburb.
It is a generous 5 058 m2 in extent, and a practical rectangular shape, with the shorter side being the street frontage.
Vacant - saving you on demolition costs.
The stand is treed, and once you build you will have unparalleled views of the Sandton skyline, and a roof terrace will take full advantage of this properties unique position.
The property is currently zoned as Residential 1.
A rezoning application will be required to increase the residential density and a minimum of 40 sectional title units or a maximum of 15 cluster homes can be developed on the property, subject to the availability of municipal infrastructure.
There is a 4 meter wide servitude in favour of the council running along the North-Western boundary.
Don’t miss out on this opportunity!
Although every care has been taken in the preparation of this material, we cannot be responsible for any errors and omissions.
It is a generous 5 058 m2 in extent, and a practical rectangular shape, with the shorter side being the street frontage.
Vacant - saving you on demolition costs.
The stand is treed, and once you build you will have unparalleled views of the Sandton skyline, and a roof terrace will take full advantage of this properties unique position.
The property is currently zoned as Residential 1.
A rezoning application will be required to increase the residential density and a minimum of 40 sectional title units or a maximum of 15 cluster homes can be developed on the property, subject to the availability of municipal infrastructure.
There is a 4 meter wide servitude in favour of the council running along the North-Western boundary.
Don’t miss out on this opportunity!
Although every care has been taken in the preparation of this material, we cannot be responsible for any errors and omissions.
Features
Interior
Exterior
Sizes
Additional Amenities
Sandhurst, Sandton
- Street map
- Street view
Documents
SG Diagram.pdf
154.5 kB
Download
Monthly Repayment
R0,00
R0,00
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