Property description

PRICE: R2,750,000

ERF: 1,541sqm

The hard work is done. The rights exist. The land is yours to build on.

This is not off-plan. Not a concept. Not a proposal. This is 1,541sqm of fully rezoned Residential 3 land in Linden — with Amendment Scheme 20-01-3216 gazetted in the Provincial Gazette on 23 February 2022. Operative. Bankable. Done.

THE RIGHTS — CONFIRMED

Rezoned from Residential 1 to Residential 3. Approved by the Executive Director: Development Planning, City of Johannesburg on 21 September 2021. Promulgated. No appeal window. No process to complete. You buy the land. You build.

THE NUMBERS

Erf: 1,541sqm | Full Title

Zoning: Residential 3 (Amendment Scheme 20-01-3216)

Max units: 6 dwelling units on-site

Density: 40 du/ha

FAR: 0.9 > up to ±1,387m² of buildable floor area

Coverage: 50%

Height: Zone A — 3 storeys

Building Lines: As per scheme

Bulk service contributions: Pre-assessed at R357,164 incl. VAT (sewer R55,865 / water R31,519 / roads R29,443 / electricity R116,150 / parks R124,186)

No unknowns. No surprises.

THE BENCHMARK THAT MATTERS

37 Third Avenue. Same street. Same erf size — 1,541sqm. No Res 3 rights. No approved units. Sold August 2024 for R2,410,000.

You are buying the same piece of Linden. Plus Residential 3 zoning. Plus 6 approved units. For only R340,000 more than a standard house plot.

THE MARKET CONTEXT

Linden full title median: R2.70M (2025). 97 full title transfers in 2025 — the suburb trades. Upper Middle income demographic. Consistent demand. Time Out magazine ranked Linden 17th Coolest Neighbourhood in the World — not for hype, for substance.

Recent area sales (full title, same precinct):

44 7th Street (2,313m²): R4,000,000 — Oct 2024

57 9th Street (1,735m²): R3,600,000 — Jul 2024

88 9th Street (1,689m²): R3,500,000 — Feb 2025

55A 10th Street (829m²): R5,000,000 — Feb 2025

New-build townhouse pricing in Linden currently sits in the R3.2M–R4.5M range per unit.

THE LOCATION

Laerskool Louw Geldenhuys: 170m (walking)

Hoërskool Linden: 490m (same street)

De La Salle Holy Cross College: 590m

King David Victory Park: 1.26km

Emmarentia Dam & Botanical Gardens: 10 min

Cresta (250 stores): 2km

Sandton CBD: 15 min

Njam, Yield Coffee, The Whippet, Brian Lara: walkable

Schools, parks, restaurants, highway access. The full-title buyer — and the tenant — both want this postcode.

SPECIFIC CONDITIONS (PRE-CONFIRMED)

Site Development Plan to be submitted to Council prior to building plan approval

Access and Egress to Council's satisfaction

Both standard. Neither a blocker. Both manageable within the normal pre-build process.

THE DEAL

Seller is motivated. Clean title — registered in Deeds Office Pretoria. No off-plan commitments to inherit. No construction delays. No co-investors to manage.

R2,750,000. The rights are in. The suburb is proven. The entry point is clear.