6801 m² Commercial Vacant Land For Sale in Sandown

Accepting offers.

DESCRIPTION:
This prime development site is situated in the hub of ever so-popular Sandton and offers you the opportunity to be part of the lifestyle in Sandton with a mixed-use development consisting of a hotel, retail, offices, and residential element with ample parking. The site is situated opposite the Gautrain which makes access to public transport a breeze.

• 6 801m² ERF extent
• 38 000m² of bulk currently approved (an additional 6 000m² can be added with council consent)
• 70% coverage limit
• 40-storey height limit
• Zoned for shops, offices, and residential buildings (including hotels)
• Old Mutual has developed 8 levels of parking next door to our site, of which +-200 bays within the super basement have been allocated to this development.
• The developer has developed every second basement level including the infrastructure to support further parking and development of the site.
• The development links with the Old Mutual site to create a super basement.
• Construction of approx. 1000 parking bays are possible in addition to the approx. 200 bays from Old Mutual
• The number of bays constructed would ultimately depend on the development of the overall scheme. 38 000m² to 44 000m² (dependent on council consent) of development bulk is available over the 6460m² site.
• VAT Entity

DETAILS:
• Erf no: 660-1
• Erf size: 6 801m²