R 2 502 000
| Vacant Land / Plot for Sale in Raceway
?? 11?120?sqm Residential-Zoned Land – Raceway Park | Exceptional Development Site
Prime Residential Site – 11?120?sqm | Zoning: Residential 2 (Medium Density)
Discover a rare, 11?120?sqm tract in the burgeoning residential precinct of Raceway Park, Bloemfontein. Fully zoned Residential 2 (medium density), this stand offers flexibility for a variety of housing formats—from cluster homes and townhouses to sectional-title complexes.
Key Residential Zoning Details:
Zoning Classification: Residential 3?– medium-density use permits up to 20?units per hectare
Yield Potential: Approximately 22?townhouse or cluster-home erven (subject to council approval)
Building Rights: Up to two storeys permissible; relaxation applications possible for three storeys
Coverage & Floor Area Ratio (FAR): 50% site coverage; FAR of 1.0 allows up to 11?120?sqm of buildable floor area
Parking: Minimum 1½ bays per unit; ample room for visitor and communal parking courts
Location & Infrastructure:
Access: Minutes from the N1 and major arterials, with excellent public-transport linkages
Services: Bulk water, sewer, electricity, and fibre already connected to site boundary
Nearby Amenities: Shopping centers, schools, medical facilities, and recreational parks within a 5?km radius
Growth Node: Rapidly expanding suburb with strong demand for quality, secure housing
This property presents a turnkey opportunity for residential developers aiming to capitalize on Bloemfontein’s growing housing market. Whether you envision a gated estate, townhouse complex, or mixed-use residential precinct, this site delivers the land area, zoning flexibility, and location advantages you need.
?? Enquire now to discuss zoning details, possible yields, or to arrange a site inspection!
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