Property Overview

Auction Central is proud to present an exceptional opportunity to acquire a fully serviced and proclaimed high-density residential development site, strategically located in the sought-after suburb of Parkdene, Boksburg. Measuring 1.98 hectares, this prime parcel of land offers Residential 4 zoning, allowing for the development of up to 357 apartments over 4 storeys.

This site is ready for immediate development, with bulk services already installed and zoning approvals in place. The property’s location adjacent to the popular Parkdene Boulevard Shopping Centre, Urbika Lifestyle Estate and Curro Private School positions it perfectly to cater to the growing demand for secure, community-oriented residential accommodation in the area.

Development Highlights

• Erf Size: 1.98 hectares
• Zoning: Residential 4
• Density: Approved for 357 units
• Height Restriction: 4 storeys
• Servicing: Fully serviced with bulk infrastructure
• Status: Proclaimed and ready to build
• Access: Excellent access via Nyala Road and Riverbend Drive
• Topography: Generally level, minimal earthworks required

Location Benefits

Situated in the fast-developing Parkdene precinct of Boksburg, the site enjoys excellent connectivity and proximity to key lifestyle and education amenities, making it highly attractive for residential tenants or sectional title purchasers.

Nearby Amenities Include:

• Urbika Lifestyle Estate – a thriving modern residential community
• Curro Private School – within walking distance
• East Rand Mall – 10 minutes away
• N17 and N12 Highways – direct road access for regional connectivity
• Boksburg CBD – 5 minutes drive

This area continues to attract attention from developers and end-users alike due to its urban convenience, lifestyle offering, and infrastructure investment.

Auction Details

• Date: Wednesday, 29 October
• Time: 12:30 PM
• Venue: Auction Central Offices, Bedfordview
• Viewing: Strictly by appointment

Investment Potential

This is an outstanding opportunity for:

• Build-to-rent developers targeting the rental market
• Sectional title developers looking to sell into the middle-income market
• Affordable housing developers in partnership with social housing programs

With services in place and zoning approved, developers can move quickly to construction phase, significantly shortening delivery timeframes and reducing risk.