FEATURED
SOLE MANDATE
Web Ref RL542
R30,000,000
Monthly Bond Repayment R294,493.01
Calculated over 20 years at 10.25% with no deposit.
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Vacant Land for Sale in Highlands Estate
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.
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.
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