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18 Aberfeldy Avenue, Morningside, Sandton, Gauteng
R 7 500 000
Morningside Development Opportunity: Zoning Complete and No ObjectionsExceptional Development Opportunity in Prestigious MorningsideAn unparalleled development opportunity presents itself within the highly sought-after suburb of Morningside, Sandton. This substantial residential property offers a rare advantage with its zoning complete and no objections registered, providing a streamlined pathway for immediate development. The expansive 3778 square metre erf size offers considerable scope for a discerning investor or developer to realise a significant project in a prime location.The existing residence, a spacious dwelling spanning 378 square metres, comprises five well-appointed bedrooms and four bathrooms, three of which are en-suite. Complementing these are two distinct lounges, two dining rooms, a functional kitchen, and practical amenities including two garages and five additional parking spaces. This established structure provides a comfortable living arrangement, potentially serving as an interim residence or an income-generating asset during the planning and execution phases of a new development.Situated in a tranquil suburban enclave, this property benefits from the esteemed Morningside address, renowned for its accessibility to Sandton''s central business district, premier educational institutions, and exclusive lifestyle amenities. The strategic advantage of pre-approved zoning significantly mitigates typical development risks and timelines, positioning this offering as a highly attractive proposition for those seeking to capitalise on the robust Sandton property market.This is a distinguished prospect for serious developers and investors aiming to acquire a prime piece of land with inherent value and immediate development potential. We invite qualified parties to conduct a thorough review and appreciate the unique advantages this property affords.Key FeaturesPrime Morningside LocationZoning Complete with No ObjectionsExpansive 3778 sqm Erf SizeFive Bedrooms, Four Bathrooms and cottageTwo Garages, Five Parking SpacesSignificant Development PotentialEVERYBODY WINS FOURWAYS PTY LTD trading as REMAX Evolve Fourways operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less
Estimated monthly repayment
R 70 825
on a R 6 750 000 bond over 20 years at 11.25%
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18 Aberfeldy Avenue, Morningside, Sandton, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Gontse Naidoo
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