Vacant Land for sale in Rydalvale, Phoenix

R3,500,000
  1. Web Ref: 1310083
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Property Features

ERF Size 1,749 m²
Rates R2,000 per month

Main Road Masterpiece – 1,800 m² with Plans and Huge Potential

Situated on a prime main-road frontage, this 1,800 m² property offers an exceptional mixed-use development opportunity with maximum exposure and easy access, ideal for both residential demand and passing trade.

Approved architectural plans provide for six street-facing garages at ground level, each topped with an 80 m² residential loft. These turnkey units are designed to capitalize on visibility and accessibility, offering strong rental potential from day one.

Beyond the approved build, the remaining land can accommodate up to 24 additional residential units, including tiered maisonettes or modern apartments. The generous site allows flexibility for courtyards, landscaped walkways, and private terraces, creating a cohesive community that can command premium rates.

Set in a highly sought-after neighborhood known for its vibrant streetscape and scenic views, this property promises both immediate rental income and long-term capital growth. This is a rare opportunity to deliver a landmark development in a thriving market.

Contact the agent

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Ravi Maharaj
Candidate Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

91 Parthenon, Phoenix

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