Prime Residential Development Opportunity – Crystal Park
One complete development opportunity
OR
Potentially subdivided into:
House portion: approximately 0.85ha
Development portion: approximately 1.0432ha with approved residential rights
This exceptional vacant land opportunity presents developers and investors with the chance to secure a strategically located residential development site within the fast-growing Crystal Park node. With conditional township approval already in place, the property offers significant upside potential for buyers familiar with the Ekurhuleni development process.
Key Development Highlights
Conditional township establishment approval already obtained
Approved Residential 3 zoning upon final proclamation
Estimated development yield of approximately 90–110 residential units
Maximum building height of up to 3 storeys permitted
Situated within a well-established and expanding residential growth area
Direct access from James Road
Surrounded by existing residential developments and infrastructure
Existing improvements include a house of approximately 472m² under roof with additional outbuildings
Approved Rights (Conditional)
Township approval dated 8 September 2021
Residential 3 zoning approved
Density allowance of 60 dwelling units per hectare
60% coverage permitted
Provision for Private Open Space included in the approval
Important Information
Township approval remains conditional and has not yet been proclaimed
Purchaser will be responsible for the final proclamation process and installation of services
Estimated bulk service contributions are approximately R2 million+
Sewer servitude registered over a portion of the property
Updated geological report required
Property Owners Association (POA) establishment required prior to transfers
This is an outstanding opportunity for experienced developers and investors seeking approved residential land with strong long-term growth potential in a sought-after development corridor.
Features
Finance
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