| Prime Res 3 Development Opportunity 7,862m² Stand in Rynfield |
This 7,862m² Residential 3 zoned stand offers an exceptional opportunity to secure a large-scale development site in the sought-after suburb of Benoni, within the established Rynfield node.
Located within the City of Ekurhuleni, the property is ideally suited to medium–high density residential development, including apartments, sectional title units, or cluster housing (subject to approval).
Development Potential
Estimated Yield: ±30 to 60 units
Stand Size: 7,862m² (0.7862 hectares)
Density Range: ±40–80 units per hectare
Flexible development options allow for optimisation of unit mix, layout efficiency, and rental or resale strategy.
Key Features
Res 3 zoning – medium to high density
Large stand suitable for phased or full-scale development
Potential for multi-storey residential schemes (subject to planning controls)
Strong demand area for both rental and ownership markets
Location
Situated in a well-established area of Benoni, close to major routes, schools, and key amenities—supporting strong tenant demand and resale potential.
Important Considerations
Final yield subject to:
Site Development Plan (SDP) approval
Coverage, parking, and height compliance
Bulk service capacity confirmation
Title deed conditions apply
Investment Opportunity
Large, well-located Res 3 sites are increasingly scarce. This property offers scale, zoning advantage, and strong upside potential for developers looking to unlock value in a proven residential node.
ERF Size 7,862 m²
Rates R3,384 per month
|
|
Michael Coss
c. 083 482 5234
michael.c@rawson.co.za
|
