6,223m² Vacant Land For Sale in Dunkeld, CL34818

Détails

On Auction 16 October 2025: Dunkeld | 6223m2 Corner Development Site | Zoned Business 1 | Digital Advertising Incomes +-R100k pm

Strategically positioned on the corner of Oxford and Bompas Roads in Dunkeld, this 6,223m² prime freehold development site is zoned Business 1. The current zoning grants primary rights for offices, restaurants, dwelling units, and shops, with development controls permitting a maximum height of four storeys, 40% coverage (a 2,489.2m² building footprint), and a Floor Area Ratio of 0.3 (1,866.9m² bulk).

Development Bulk Services contributions are payable by the purchaser at an estimated R1,150,000. Beyond its development potential, the site offers supplementary income from a prominently positioned digital advertising board and a secure tenancy held by a security company, providing investors with immediate cash flow alongside long-term capital growth prospects.

The property is situated within the Rosebank node, which is identified in the City of Johannesburg’s Spatial Development Framework (SDF 2040) and Nodal Review Policy as a priority area for intensified mixed-use and higher-density development.

Although the current Business 1 zoning originally limited the FAR to 0.3 to accommodate a village market concept, there is strong policy support from the Dunkeld Precinct Plan and the City’s Town Planning Department to unlock substantially greater potential. This support includes additional Business 1 rights to increase permissible bulk for residential, office, retail, and mixed-use components, as well as support for a filling station or motor showroom use subject to access provisions by JRA. This alignment with the Rosebank node’s growth objectives provides a clear pathway for an investor to pursue enhanced rights.

This represents a rare opportunity to acquire a high-profile Dunkeld property with strong fundamentals, immediate cash flow, and exceptional long-term upside.

Contact Broker for the detailed investor pack.