Exceptional Development Potential in the Heart of Rosebank
This prime development site in the vibrant Rosebank precinct offers a unique opportunity for investors and developers to capitalize on a highly sought-after location.
Key Features:
Zoned Business
- 1 Mixed Use: Allows for a diverse range of development options, including: - Residential: Apartments, serviced apartments - Commercial: Offices, retail, showrooms - Hospitality: Hotel, serviced apartments, restaurants - Mixed-Use: Combining residential, commercial, and hospitality elements - High Floor Area Ratio (FAR) of 6: Maximizes development potential and returns.
Significant Bulk of 10,500m²: Provides ample space for a substantial development.
Gazetted Rights (Proclamation Complete): Ensures a smooth and streamlined development process.
Sale of Land Holding Company Optional: Offers flexibility in acquisition structure.
Jan 2025 Property Valuation: R41 Million: provides a strong foundation for investment analysis
Option 1: 180-Key Hotel Development:
- 70% development funding secured. - Comprehensive feasibility study completed to Stage 3.
Option 2: Mixed-Use Development:
- Motor Showroom/Retail - Mix of 1, 2 & 3-bedroom apartments - Offices - 1113m² Roof Terrace Restaurant & Bar
Rosebank: A Prime Investment Location
Thriving commercial hub with strong demand for residential, office, and retail space. Excellent connectivity with easy access to major highways, public transport, and Gautrain. Vibrant lifestyle precinct with numerous amenities, entertainment options, and green spaces.
Rosebank is a vibrant & exciting cosmopolitan suburb north of Jhb CBD. It is a small suburb bordered by Oxford Rd, Bolton Rd, Jellicoe Ave & Jan Smuts Ave. These are main arterial roads linking Rosebank to Sandton & Johannesburg CBD & affording access to the Freeway. It is a mixed use area - Business, Residential & Recreational.
The development of the Rosebank Gautrain Station was largely responsible for the...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
