Prime Investment Opportunity – 19,382.43m² Residential Development Land in Ravenswood, Boksburg
Prime Investment Opportunity – 19,382.43m² Residential Development Land in Ravenswood, Boksburg
Seize this rare opportunity to develop in the sought-after suburb of Ravenswood, Boksburg. Spanning an expansive 19,382.43m², this prime residential land is ideally positioned for a modern, high-demand development surrounded by established homes, schools, and shopping centers.
Why Invest in Ravenswood, Boksburg? Ravenswood is one of Boksburg’s most promising locations for residential developments, offering:
📍 Strategic Location
Close to major industrial hubs, ensuring strong rental demand from working professionals. 10 minutes from O.R. Tambo International Airport, East Rand Mall, and key shopping centers. Surrounded by top schools, including Hoërskool EG Jansen, Laerskool Concordia, Woodlands International College, and Laerskool Westwood.
A well-established, safe residential area with consistently high housing demand.
Development Potential & Key Features
This property comes with pre-approved plans for a secure, three-story residential complex featuring:
🏠 128 sectional title units (2- and 3-bedroom apartments, ranging from 60m² to 100m²) 🚗 352 parking bays, including visitor parking for added convenience 🔒 Secure residential estate with 24/7 security 🌳 Landscaped communal park area for a modern community feel
Investment Value
This Ravenswood gem is perfect for developers looking to capitalize on the rising demand for quality residential units in Boksburg. With its prime location and pre-approved plans, the project is set to deliver quick returns and minimized development lead times.
💰 Price: R10,300,000.00 (excl. VAT)
📞 Don’t miss out! Contact us today to discuss this exciting opportunity or schedule a site visit.
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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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
