Property Details

Prime Investment Opportunity – 19382.43m2 Residential Development Land in Ravenswood, Boksburg

This expansive 19382.43m2 site offers a rare investment opportunity in the sought-after suburb of Ravenswood, Boksburg. Strategically located in a prime residential area, this property is surrounded by established housing blocks, schools, and shopping centers, making it an ideal location for a modern residential development.

Why Invest in Ravenswood, Boksburg?

Ravenswood is one of Boksburg’s most promising investment areas for residential developments due to its high rental demand and prime location:

Close to Boksburg’s major industrial hubs, ensuring demand from working professionals

10 minutes from O.R. Tambo International Airport, East Rand Mall, and key shopping centers

Surrounded by schools, including Hoërskool EG Jansen, Laerskool Concordia, Woodlands International College, and Westwood Laerskool

Safe and well-established residential neighborhood with strong demand for housing

Development Potential & Key Features

The property has pending Residential 3 zoning approval, with plans in place for a secure, three-storey residential development featuring:

120 sectional title units ranging from 60m2 to 100m2 (2- and 3-bedroom apartments)

352 parking bays, including visitor bays for convenience

A secure residential block with 24/7 security

A landscaped park area between the blocks, enhancing the community feel

Investment Value:

This property is perfect for developers looking to capitalize on the high demand for residential units in Boksburg.

Its strategic location, and pre-approved plans significantly reduce development lead times.

Price: R12,500,000.00 excl Vat

Don't miss this exceptional opportunity. Contact us today to discuss the details or arrange a site visit.

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