Premium Development Opportunity – Craigavon / Fourways
Fully Structured 60-Unit Residential Project | High-Growth Node

Asking Price (Land + Rights): On Application
Location: Craigavon, Fourways, Johannesburg
Erf Size: 2.1128 Hectares
Development Scope: 60 Residential Units (±30 units per hectare)

Investment Overview

This is a ready-to-execute residential development opportunity positioned in one of Johannesburg’s strongest growth corridors. The project has been conceptually structured for medium-density residential units, targeting the high-demand Fourways market.

The opportunity is suited for:

• Property developers
• Joint venture partners
• Equity investors seeking exposure to residential development margins

Financial Snapshot (Developer Metrics)
Total Development Cost (All-In): ±R210 million
(Includes land, construction, professional fees, bulk services, and contingencies)

Estimated Gross Development Value (GDV): ±R276 million

Projected Net Profit: ±R66 million

Estimated Developer Margin: ±31% on cost

Cost Breakdown Insight
Construction (Labour + Materials + Services): ±R120 million
(Quoted by an experienced Johannesburg-based contractor)

Balance includes:

• Land acquisition
• Bulk infrastructure & services
• Professional fees
• Compliance & approvals
• Contingency provisions

Development Highlights

• Located in the rapidly expanding Fourways/Craigavon node
• Strong demand for sectional title and cluster developments

Proximity to:

• Fourways Mall
• Cedar Square
• Major transport routes

Ideal for:

• First-time buyers
• Young professionals
• Buy-to-let investors

Strategic Advantages

• Efficient density: 60 units over 2 hectares
• Scalable design for phased development (if required)
• Positioned in a high-absorption residential market
• Attractive margin profile for experienced developers

Important Considerations

• All figures are based on current feasibility and contractor input

Final returns subject to:

• Detailed design
• Municipal approvals
• Market conditions at time of sales

Call to Action

• Serious investors and developers are invited to engage for:
• Full feasibility pack
• Concept layouts
• Financial model breakdown
• JV structuring discussions