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Vacant Land for sale in Morningside Manor, Sandton

R26,660,000
  1. Web Ref: 1365748

Property Features

ERF Size 3,965 m²
Rates R4,332 per month

Rare ~4,000m² Corner Stand Development Assembly | Morningside Manor

Total Erf Size: Approx. 4,000m²

Location: Prime Corner Stand, Morningside Manor, Sandton

Current Footprint: 3-Level Executive Estate + 3-Story 6-Unit Apartment Block + 4 Vacant Subdivided Parcels

Sale Preference: Complete Package / Entire Stand

Executive Investment Summary
An unprecedented development or land-assembly opportunity in the heart of Morningside Manor. Spanning nearly 4,000m² on a high-visibility corner stand, opportunities of this magnitude and position are virtually non-existent in this established, high-demand Sandton suburb.

The owner is seeking to sell the entire property as a single combined parcel. Featuring substantial built infrastructure that yields immediate holding income while development plans or rezoning applications are finalized, this site offers a turnkey, low-risk proposition for visionary developers, syndicates, or corporate investors.

Key Highlights for Developers & Investors
Unrivalled Land Scale & Position: Prime corner exposure on ~4,000m² provides outstanding road presence, multiple access points, and architectural flexibility for gated cluster homes, luxury boutique estates, or high-density residential units.

Pre-Subdivided Advantage: The property has already been sectioned into 6 subdivided portions, dramatically reducing town planning lead times and offering immediate flexibility to build, hold, or sell off individual stands.

Built-In Holding Income: Features an existing 3-story block of 6 fully tenanted apartments on Portion 3, alongside a grand multi-level residence, providing strong revenue flow during project planning and council approval phases.

Dual Gate Access & Infrastructure: Independent street entrances established for different levels, including direct access to a cavernous subterranean basement.

Site Composition & Asset Breakdown
1. The Subterranean 3-Level Executive Estate (Main Stand)
A grand modern residence featuring an expansive open-plan chef's kitchen, executive office suite, 4 luxury en-suite bedrooms, staff accommodation, and an immense full-footprint subterranean basement accessible via a dedicated secondary street gate. Ideal for conversion into a clubhouse, sales center, executive corporate headquarters, or high-value anchor residence.

2. Portion 3: Existing 6-Unit Apartment Block
A substantial 3-story residential building comprising 6 income-generating apartments. Generates steady rental yield from day one, mitigating holding costs for the overall site.

3. Portions 1, 2, 4 & 5: Prime Undeveloped Land Parcels
Four vacant, prime parcels of undeveloped land ready for immediate site works, high-end cluster home development, or custom architectural builds.

Strategic Location Advantage
Positioned in Morningside Manor, one of Sandton's most resilient and sought-after residential enclaves, this site provides effortless connectivity to the Sandton CBD, top private schools, medical centers, and major transport arteries. High buyer demand for secure cluster developments and modern multi-unit housing in this area guarantees strong end-product absorption.

Prospectus, site layouts, and viewing arrangements available upon request for serious developers.

Contact the agent

Beverley Isakow
Non-Principal Property Practitioner
Registered with the PPRA

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

138 Kelvin Drive, Morningside Manor

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