R 35,000,000

R 35,000,000

Prime Mixed-Use Development Opportunity ±4,150m² Land For Sale | Morningside Manor, Sandton
Active

Prime Mixed-Use Development Opportunity ±4,150m² Land For Sale | Morningside Manor, Sandton

Web Ref. MPLS-10418
Land size 4105 m²
Monthly Bond Repayment
calculating..

Presenting an exceptional development opportunity in one of Sandtons most strategically positioned growth nodes. Situated on the prominent corner of Kelvin Drive and Stuart Avenue, immediately adjacent to Morningside Glen Shopping Centre, this ±4,150m² (0.415ha) property offers outstanding visibility, accessibility and long-term investment potential. The combined erven comprise approximately 2,109m² (Erf 178) and 2,041m² (Erf 179).

 

This is far more than just vacant land, it is a prime redevelopment site positioned to unlock substantial commercial value. Whether you are an investor, developer or owner-occupier, this property offers the ideal canvas for a landmark development in one of Johannesburgs most established commercial and residential precincts.

 

Currently, the property includes three residential structures:

 

*One house is currently tenanted, providing an immediate rental income.

*Two older structures are no longer in use and are well suited for demolition, allowing a purchaser to maximise the development potential of the site.

 

The true value lies in the land itself, its strategic location, and the significant opportunities available for redevelopment.

 

Development Potential

The property has been the subject of planning work for a proposed commercial redevelopment, including a filling station with drive-thru facilities, demonstrating the sites suitability for high-impact commercial use. Engineering investigations confirm that municipal water, sewer, road access and stormwater infrastructure are capable of servicing the proposed development, subject to the relevant municipal approvals.

 

Depending on municipal approvals and purchaser requirements, the site could accommodate:

 

*Fuel station with convenience retail

Drive-thru restaurant or coffee shop

Motor dealership or automotive centre

Medical centre or day hospital

Offices or corporate headquarters

Mixed-use commercial development

Retail centre or neighbourhood shopping hub

Fast-food precinct

Self-storage facility

 Showroom development

Educational or training campus

Boutique hotel or guest accommodation

Residential redevelopment

Professional consulting suites

Investment property with multiple income streams

 

Its prominent corner position makes it particularly attractive for businesses requiring maximum exposure and easy customer access.

 

Exceptional Location

Few development sites enjoy such a strategic position.

 

Located directly next to Morningside Glen Shopping Centre, the property benefits from constant passing traffic and excellent connectivity to Sandtons major arterial routes, including Kelvin Drive, Rivonia Road, the N1 Highway and surrounding business districts.

 

Within minutes are:

Sandton CBD

Rivonia

Woodmead

Morningside

Sunninghill

Bryanston

Major hospitals

Leading schools

Corporate headquarters

 Residential estates

 

This location places future occupants or businesses at the centre of one of Johannesburgs strongest economic corridors.

 

Existing Improvements

Combined land size: ±4,150m²

Three existing residential structures

One existing income-producing rental dwelling

Two redundant structures suitable for demolition

Large level site with outstanding redevelopment potential

Prominent corner frontage

Excellent exposure to passing traffic

Established surrounding infrastructure

 

Infrastructure Advantages

 

Engineering assessments undertaken for the site indicate:

 

Existing municipal water infrastructure available

Existing sewer connections servicing the area

Existing stormwater infrastructure

Existing road access

Municipal services capable of supporting future development subject to approvals

 Existing access from Stuart Avenue with proposed upgraded access planning completed as part of the development studies. 

 

Investment Highlights

 ±4,150m² prime development land

Rare corner site in Morningside Manor

Immediate rental income from existing dwelling

Excellent redevelopment opportunity

Adjacent to Morningside Glen Shopping Centre

High visibility and traffic exposure

Strong surrounding residential and commercial catchment

Easy access to major transport routes

Suitable for a wide range of commercial, mixed-use or residential developments (subject to municipal approvals)

 

Whether your vision is a flagship commercial development, mixed-use investment, automotive facility, hospitality project or future residential estate, opportunities of this size and location in the heart of Sandton are becoming increasingly scarce.

 

Enquire today to arrange a private viewing and explore the full development potential of this exceptional Morningside Manor property.

Features

Property Type Land
Listing Purpose Sale
Property Tags
Level Road

Amenities

Electric Fencing Security Gates

Property Location

Disclaimer

While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated 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.