7Ha Vacant Land For Sale in Honeydew Grove
R28,000,000
Monthly Bond Repayment R289,012.75
Calculated over 20 years at 11% with no deposit.
Web Ref No RL15673
Residential development land for sale with a view of magnificent sunsets. Great potential for a sect
This prime development land is perfectly positioned for a fast-tracked residential project. The stand is already flattened and fully fenced, eliminating the need for extensive earthworks. With zoning allowances for 60 units per hectare, it is ideally suited for sectional title developments. The existing houses on the property can be repurposed as site offices during construction, adding further convenience.
One of the key advantages of this property is that the zoning application process has already begun but was not completed. This means the groundwork has been done, including geotechnical reports and other essential studies, putting any developer in a much stronger position than if they were starting from scratch. The remaining steps in the zoning process will need to be completed by the buyer, but with a significant portion of the work already done, securing final approvals should be far more efficient.
The area is experiencing rapid growth, with surrounding land being actively developed. Council is rolling out infrastructure, ensuring seamless service connections for new developments. Across the road in Laser Park, a thriving light industrial hub supports strong economic activity, adding to the appeal of this location. There is potential for Residential 2 or 3 zoning, creating opportunities for increased investment value.
With development accelerating in this sought-after area and the zoning process already well underway, this property presents an excellent opportunity for developers looking to capitalise on a high-demand market. Contact me today to discuss the potential of this outstanding site