4,534m² Vacant Land For Sale in Illovo, CL34771

细节

Zoned Business 2 | 27 Storeys | Unrestricted Density | Prime Sandton Node

An exceptional opportunity to acquire a high-profile development site in one of Illovo’s most desirable locations. Perfectly positioned along the prominent Rivonia Road corridor, this prime site offers developers the rare advantage of approved Business 2 zoning rights for a 27-storey mixed-use development.

Key Zoning & Development Features

• Zoning: Business 2 • Maximum Height: 27 storeys • Floor Area Ratio (FAR): 10.0 • Coverage: 75% (may increase to 100% for parking basements) • Density: Unrestricted • Minimum Parking Requirement: 365 bays (as per JRA-approved Traffic Impact Study) • Access: Single common access point off Rivonia Road (subject to JRA/Council approval) • Sidewalk Requirement: 2.0m paved sidewalk to be constructed along Rivonia Road • Electrical Capacity: 1,200 kVA available (not reserved indefinitely) • Bulk Contributions: Payable by purchaser and in terms of Section 25(1)(a) & (b) of the 2016 Municipal Planning By-Law

Business 2 Zoning – Permitted Rights

Primary Rights Include: • Shops • Dwelling units and residential buildings • Business purposes(motor showrooms and workshops included) • Places of instruction • Institutions • Car sales lots • Offices

Development Conditions: • No buildings may be erected prior to approval of a Site Development Plan by the Local Authority • All infrastructure and technical services must comply with City of Johannesburg standards

This is a flagship opportunity for a high-rise residential, commercial, hotel, or mixed-use development in one of the most connected and prestigious nodes in Gauteng.

Location Highlights – 21 Rivonia Road, Illovo

This premium site offers direct exposure along Rivonia Road, one of the key arterial routes linking Sandton to Illovo, Rosebank, and the broader Johannesburg metro. Surrounding Landmarks & Amenities: • Adjacent to The Inanda Club (exclusive polo estate) and St David’s Marist Inanda School • Surrounded by luxury apartments, townhouses, and boutique hotels such as Reserved Suites Illovo • Walking distance to corporate offices and commercial developments along Ferguson and Boundary Roads • Minutes from the M1 highway, providing rapid access to Rosebank, Hyde Park, and the Johannesburg CBD • Within close proximity to Sandton City, Gautrain Station, and various embassies and consulates

Accessibility & Visibility: • Prominent street frontage on Rivonia Road • Designated access point approved by JRA and Council • Surrounded by upmarket residential and commercial catchments • Ideally located for foot and vehicle traffic from both Sandton CBD and Illovo

This location delivers the perfect combination of visibility, connectivity, and prestige, making it ideally suited for a landmark development that can transform the skyline of Illovo and Sandton.

Enquire now for zoning information and the full investor pack.