Vacant Erf for sale in Linbro Park, Sandton
Web Ref: 1113194
8568 sqm of prime property
Great Opportunity: 8568 sqm land
This stand is not yet re-zoned but there is an approved two erven township awaiting proclamation.
Business RIGHTS: Commercial/Office.
The land is on a stretch that has not really been developed yet. Thus giving you generous space to get creative with your dream home or a commercial/Office business.
The property is already walled on two sides, saving you on additional building expenses. Just 5 min drive to Greenstone Mall and a stone throw to Sandton.
There is far more demand in the area, with a proximity of 5 min drive to Gautrain Station, - 2 min drive to N1 Highway - Modderfontein Nature Reserve with park, walk, and off-road nature cycling – 2 min drive to the Modderfontein Private Hospital.
In terms of the size of the property, the following should be noted. The holding as it exists now is 8568m2 however the township requires road widenings as shown on the layout plan, thus reducing the size of erven, once proclaimed, to 3196m2 and 3390m2 respectively. In terms of development potential, a Floor Area Ratio(FAR) of 0,8 is applicable, which translates into a buildable floor area of 2557m2 for Erf 1 and 2712m2 for Erf 2.
Calling all Investors & Developers - Do not pass on this great opportunity! The price is negotiable.
If this stand does not suit your needs or taste, please give me a call so that we can discuss and find your dream home or next investment.
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Our goal is to sell your property at the right price and in the shortest possible time.