Property description

49 Richard Road, Kengies Extension 59, Fourways, Johannesburg . 

 Calling all interested
persons, management of educational
institutions, investment companies, property developers or land entrepreneurs.  

We are excited to present a rare and highly sought after
development land opportunity right in the heart of Kengies, one of
Johannesburg’s most vibrant and rapidly evolving suburbs. This prime property
spans 2.0235 hectares (20,235 m²) and is perfectly positioned to capitalize on
the growth taking place in the immediate and surrounding areas. 

 A record of note from
City of Johannesburg states that Council supports in principle, the
establishment of a school for more than 500 learners on the entirety of Kengies
Extension 59. A school remains as a permanent, secure and identified landmark
fixture in a neighborhood. 

On proclamation of a Township, Council will support a
rezoning from Res 3 to “Educational or Institutional” both of which have “Place of Instruction” as
a Primary Right in terms of City of Johannesburg Land Use Scheme 2016. 

At this size, the ground will permit the essential building
and support structures needed to service a school of this size. This would
include grounds for sporting activities. It also has street frontage on a service road permitting
high visibility for signage and branding. Two access points are emitted. There
would be ample room for the parking of cars, service and utility vehicles.  

The property is divided into two erven
of 10,000 m² each, providing a versatile
layout for development. Notably, there are no flood line restrictions, and an existing
approved City of Johannesburg Layout Plan is in place. Power supply will be
sourced from Eskom.  

• Kengies
  is a prominent suburb within the Fourways region, nestled between the
  well-regarded Fourways Gardens Estate and Broadacres. Kengies is renowned
  for its low crime index, making it an attractive locale for young
  professionals and young families. The area boasts a well-established
  network of multi-unit residential homes, including both sectional title
  and freehold properties developed by leading development companies. This
  site represents more than just a parcel of land; it is a gateway to
  becoming part of a transformative urban development. With no vacant land
  remaining in the vicinity, this property stands out as a unique investment
  opportunity. 

The site’s strategic location offers convenient access to all
suburban service centers Nearby amenities include the key Services available
at- Fourways Precinct including the Mall, the View, and the
Crossing and Pineslopes. Shopping at Broadacres Lifestyle Centre, Fourways
Gardens Shopping Center, and Fourways Mall. Medical Facilities at Life Fourways
Hospital, Mediclinic Morningside, Netcare Olivedale Hospital, Mediclinic
Sandton, and Netcare Sunninghill Hospital. 

The suburb’s strategic location benefits from its proximity to major
transport routes including Lanseria International Airport, OR Tambo
International Airport, Sandton CBD and Johannesburg CBD. 

Kengies Extension 59 offers a compelling opportunity for
educational business interests to create
a new place of learning in one of Johannesburg's most promising suburbs. With
its excellent location, development potential, and the anticipated rise in land
values, this property is poised to be a highly lucrative investment. 

Contact Us: 

Property Highlights. 

l This prime property spans
2.0235 hectares . 

l Place of Instruction” as
a Primary Right in terms of City of Johannesburg Land Grounds for sporting
activities.  

l Two access/egress points. 

l Street frontage on a service road permitting
high visibility for signage and branding. 

l Ample room for the parking of cars, No flood
line restrictions. 

l Approved
City of Johannesburg Layout Plan. 

For more information or to schedule a viewing, please contact
Shante or Guy at Remax-Evolve. Don’t miss this chance to be
part of a thriving neighborhood transformation.