R 2 540 250 | Vacant Land / Plot for Sale in Raceway

Bloemfontein, Raceway

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Erf Size: 11 290 m²

?? 11?290?sqm Residential-3 Land – Raceway Park | Your High-Density Canvas

Elevate Bloemfontein’s Skyline with this rare 11?290?sqm plot, perfectly zoned Residential?3 (High Density) in the heart of Raceway Park. Ideal for developers and investors seeking to create a standout multi-unit residential or mixed-use landmark.

Key Development Highlights:

Zoning Classification: Residential?3 – up to 45?dwelling units per hectare

Estimated Yield: Approx. 51–52 units* (subject to final layout & municipal approval)

Build Envelope:

Height: Up to 4 storeys by right (higher with relaxation)

Site Coverage: Max 60%

FAR: 2.0, allowing up to 22?580?sqm of buildable floor area

Flexible Product Mix: Modern apartments, live-work lofts, studios, and penthouses—designed to capture premium urban rental and sale markets

Turnkey Infrastructure: Bulk water, sewer, stormwater, electricity, and fibre on-site; dual road frontages for seamless traffic flow and service access

Strategic Location Advantages:

Connectivity: Direct links to the N1 highway and key arterial routes

Amenities Proximity: Top retail centres, schools, medical facilities, and parks all within 5?km

Growth Momentum: Raceway Park’s high-density residential sector posting strong pre-lease and capital-growth metrics

Why This Site?

Scalable Canvas: Generous land area to craft a hallmark mid-rise complex or mixed-use precinct

Streamlined Development: Pre-serviced land and clear zoning accelerate approvals and construction timelines

Investor Appeal: High-density format delivers superior returns per square metre in a market hungry for urban living

?? Ready to build Bloemfontein’s next residential benchmark? Contact us now for detailed plans, yield analyses, or to arrange an exclusive site tour.

*Yield estimate based on max allowance of 45?units/ha; final unit count subject to design refinement and municipal approval.