Major Landmark Development Opportunity In The Sandton Business Hub

Sandown, Sandton, Gauteng

Commercial Property

ZAR 250,000,000

• 6,802 sqm
• 6,802 m² plot

This prime development site offers an unparalleled opportunity to create a world-class mixed-use development in South Africa’s financial capital and the most sought-after business district. With foundations and basement parking already constructed, this site is primed for completion, presenting a unique investment prospect. Property Details: Zoning: Mixed use zone IX (business, retail, residential, institutional, entertainment, and hospitality) Site area: 6802 m2 (the largest of six subdivided portions) Current bulk rights: 38000 m2 to 44 000m2 (38000 m2 current, anadditional 6 000m2 can be added dependent on council consent) Height allowance: 40 storeys Coverage: 70% Key Features: Strategic location: Situated at the intersection of West Street and Rivonia Road, directly across the Sandton Gautrain Station, ensuring seamless connectivity across Johannesburg and to O.R. Tambo International Airport. Close to major corporations including; Old Mutual, Discovery, AON Insurance, Ernst & Young, and Alexander Forbes. Adjacent to Sandton City, Nelson Mandela Square, and a short walk to the Sandton Convention Centre. Located close to leading financial institutions such as the JSE Ltd, N…