Prime Residential Development Opportunity – 33,400m² in Norton Home Estates
A Strategic Investment Opportunity with Approved Conditions of Establishment for 269 Residential Units
An exceptional opportunity for developers and property investors to secure a substantial 33,400m² development site in Norton Home Estates, Benoni. This well-positioned property has been earmarked for residential development, with approved Conditions of Establishment providing for 269 residential units, making it an attractive proposition for developers looking to unlock value through a large-scale residential project.
The property is zoned Residential 3, with development provisions allowing for a maximum building height of two storeys. This creates an opportunity to explore a residential development designed around the growing demand for quality housing in the Benoni area, subject to the applicable approvals and development requirements.
Key Investment Highlights
Land Size: 33,400m²
Location: Norton Home Estates, Benoni
Zoning: Residential 3
Approved Conditions of Establishment: 269 residential units
Maximum Building Height: 2 storeys
Development Potential: Large-scale residential development
Target Market: Property developers, development companies and strategic investors
Unlock the Development Potential
With the Conditions of Establishment already approved for 269 units, this property presents a compelling opportunity for investors seeking a development site with an established planning foundation. The substantial land area offers scope for a carefully planned residential project, subject to compliance with the approved conditions, applicable municipal requirements and any outstanding development approvals.
Whether you are an established developer seeking your next residential project or an investor looking to secure strategically positioned development land, this opportunity deserves serious consideration.
Secure your position in Benoni's residential development market and explore the potential of this substantial development site.
Contact us today for further information and to discuss this exciting investment opportunity.
An exceptional opportunity for developers and property investors to secure a substantial 33,400m² development site in Norton Home Estates, Benoni. This well-positioned property has been earmarked for residential development, with approved Conditions of Establishment providing for 269 residential units, making it an attractive proposition for developers looking to unlock value through a large-scale residential project.
The property is zoned Residential 3, with development provisions allowing for a maximum building height of two storeys. This creates an opportunity to explore a residential development designed around the growing demand for quality housing in the Benoni area, subject to the applicable approvals and development requirements.
Key Investment Highlights
Land Size: 33,400m²
Location: Norton Home Estates, Benoni
Zoning: Residential 3
Approved Conditions of Establishment: 269 residential units
Maximum Building Height: 2 storeys
Development Potential: Large-scale residential development
Target Market: Property developers, development companies and strategic investors
Unlock the Development Potential
With the Conditions of Establishment already approved for 269 units, this property presents a compelling opportunity for investors seeking a development site with an established planning foundation. The substantial land area offers scope for a carefully planned residential project, subject to compliance with the approved conditions, applicable municipal requirements and any outstanding development approvals.
Whether you are an established developer seeking your next residential project or an investor looking to secure strategically positioned development land, this opportunity deserves serious consideration.
Secure your position in Benoni's residential development market and explore the potential of this substantial development site.
Contact us today for further information and to discuss this exciting investment opportunity.
Monthly Rates
R4,000
Features
Interior
Exterior
Sizes
Listing Info
Norton Home Estate, Benoni
- Street map
- Amenities
- Schools
Filling Station
2.11 km - Destiny Diesel Depot
2.58 km - Sasol
2.80 km - Zenex - Bredell
Bus Station
2.02 km - Glen Norton And Pomona Rd
2.52 km - Lifestyle Granite
2.64 km - Earlstone, Uys Rd
Hospital/Clinic
2.50 km - Cjcpr Ltd
3.19 km - Netcare Linmed Hospital
3.29 km - Royal Laser - Lipo Clinic
Shopping Centre
2.92 km - The Trellis Victorian Shopping Centre
3.17 km - North Villa Terrace
3.31 km - Rynfield Terrace - North
0.50 km - Pioneer Training School Pts
0.84 km - Victory Academy
1.06 km - Criss-Cross Stables
1.50 km - Kathstan College
1.82 km - Little Grange Preschool
2.17 km - Hebron Theological College
2.22 km - Ecokids Preschool
2.27 km - Conquerors Kleuterskool
2.83 km - Qalabotjha Secondary School
2.96 km - Kirkley College
3.18 km - Laerskool Brentwoodpark
3.22 km - St Dunstans Preparatory
3.55 km - St Dunstans Tuck Shop
3.63 km - Spark Rynfield
4.28 km - Diakomeo Christian School
Average sold property price in Norton Home Estate
Freehold
Sectional Scheme
Vacant Land
Freehold
R3,708,750
25.0%
Average price
14
25.0%
Transfers
Sectional Title
R2,603,018
25.0%
Average price
123
25.0%
Transfers
Estate
R1,593,750
50.0%
Average price
5
50.0%
Transfers
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Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa 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.
