Property description

Prime Development Opportunity in Bryanston - 3970sqm Stand 31 Old Kilcullen Road

Asking Price: R6,999,000 (Open to Offers)

Exceptional Investment Opportunity

Premium 3970sqm full-title property in sought-after Bryanston, strategically positioned for high-density residential development. Currently zoned Residential 1, this property falls within the Suburban Zone of the City of Johannesburg's Nodal Review Policy (2020), offering significant development potential.

Major Value-Add Opportunity: Adjacent property (29 Old Kilcullen) also available, creating potential for near 8000sqm consolidated development site (7936sqm combined) - a rare offering in prime Bryanston.

Property Features

Stand Size: 3970sqm (Deeds Extent)

Current Zoning: Residential 1

Existing Building: Approximately 690sqm (Two-storey)

Building Footprint: 504sqm

Title: Full Title

Erf Number: ERF 3255 BRYANSTON EXT 7

Development Potential

Standalone Development:

Supported density: 40 dwelling units per hectare

Maximum development capacity: 16 residential units

Strategic location within nodal development corridor

Consolidated Development Opportunity:

Combined with 29 Old Kilcullen: 7936sqm total

Potential for 32 residential units across consolidated site

Exceptional scale for townhouse/apartment development

Enhanced project viability and returns

Prime Location Benefits

Bryanston High School: 300m away

Bryanston Shopping Centre: 310m away

CMA Area Average Price: R8,562,523

Established, prestigious neighborhood

Excellent access to amenities and major routes

St Stithians schools within 1.5km

Mediclinic Sandton: 1.82km

Permitted Uses (Subject to Rezoning)

The Suburban Zone Development Guidelines support various land uses including:

Residential developments

Home offices

Small-scale neighborhood retail

Community services & recreation facilities

Childcare facilities

Salons and estate agencies

Strategic Advantage:

Consolidation Premium: 31 Old Kilcullen represents superior value at R6,999,000 versus adjacent 29 Old Kilcullen at R8,300,000. Combined acquisition provides:

Nearly 8000sqm development footprint

Enhanced economies of scale

Superior project feasibility

Rare large-format opportunity in Bryanston core

Single integrated development approach

Investment Highlights:

Development-ready land in prime Bryanston location
Confirmed rezoning potential for 16 units (32 units if consolidated)
Larger existing building (690sqm) offers live/develop flexibility
Adjacent property available for strategic consolidation
Upper Middle-income demographic
Strong area fundamentals - median price R4.2m (2025)
Competitive pricing with consolidation upside

Professional Support Available

Town planning services available to assist with rezoning application process. Professional advice provided by registered Town Planner for development feasibility and consolidation strategies.

Note to Developers: This property can be acquired independently or consolidated with 29 Old Kilcullen (also on market) to create a transformational 7936m? development opportunity in the heart of Bryanston. Combined acquisition recommended for maximum project viability.