Vacant Land · For SaleRef RL542
Vacant Land for Sale in Highlands Estate
R 30 000 000
Highlands Estate, Mitchells Plain
Key facts
- Type
- Vacant Land
- Land size
- 20707 m²
This 22,000m² vacant land in Highlands Estate presents a rare and highly strategic development opportunity within a well-established urban node.
The site is prominently positioned at the intersection of Jakes Gerwel Drive and Morgenster Road, two key arterial routes that ensure constant traffic flow, excellent accessibility, and strong visibility. Its immediate proximity to surrounding residential communities creates a built-in consumer base, making the property particularly suitable for a shopping centre or mixed-use commercial development that can serve the daily needs of the area. Importantly, the land has previously received development approval from the Department of Environmental Affairs and Development Planning for the construction of a service station and shopping centre, confirming both the environmental suitability and planning viability of the site.
This prior approval significantly reduces development risk and shortens project lead time, offering a valuable advantage to investors and developers. With its prime corner position, strong commercial potential, and established surrounding residential catchment, this vacant land represents a compelling investment prospect for the creation of a landmark retail and service destination in a high-demand location.
Good to know
What is the asking price?+
This vacant land is on the market at R 30 000 000.
How big is it?+
The land size is 20707 m².
Where is it located?+
It's in Highlands Estate, Mitchells Plain.
Bond repayment
Estimated monthly repayment
R 292 601
On a R 27 000 000 bond over 20 years at 11.75%.
Transfer costs
- Purchase price
- R 30 000 000
- Transfer duty (SARS)
- R 3 411 156
- Transfer & conveyancing (est.)
- R 92 250
Estimated once-off costs
R 3 503 406
Indicative only - bond registration costs excluded; your conveyancer confirms final figures.
Pre-qualified before you offer
Quay 1 partners with Jambo Home Loans. Get a bond pre-approval or speak to a consultant - they compare offers across the major banks on your behalf.
Call 087 474 0483
