# Development for sale in Morningside Manor, Sandton - **Price:** R26,660,000 - **Location:** Morningside Manor, Sandton - **Web Ref:** 1365748 ## Details - ERF Size 3,965 m² - Rates R4,332 per month ## Description 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. ## Agent - Beverley Isakow — 0723636323 — beverley.isakow@rawson.co.za ## Office - Sandton-Morningside — 011 219 5040 --- [View this property on rawson.co.za](https://rawson.co.za/property/for-sale/sandton-morningside/1365748)