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Development Opportunity with Real Right of Extension

Prime development land earmarked as the next phase of a well-known residential complex in Brentwood Park, Benoni, will be up for grabs via Park Village Auctions’ next timed online auction.

Brentwood Manor, located on the corner of Meta and Van Wyk Streets in Goedeburg (Brentwood Park), is a contemporary, sectional title apartment complex that attracts a healthy mix of established and first-time homeowners. Its appeal lies in the lock-up-and-go lifestyle afforded to its residents.

Savvy property investors and developers will have two weeks to outbid each other on the remaining undeveloped extent of Erf 414 Goedeburg Extension 32. That being the subject of a Real Right of Extension, earmarked as the subsequent phase of the sectional title development “SS Brentwood Manor”.

It must be noted that partial site works have been completed towards the said additional phase. The land is zoned “residential three” and measures approximately one hectare (the entire development, including the completed phases, measures 2,0134 hectares in total).

Says PVA’s Jaco du Toit: “Now that remote work is established as a norm, young professionals are no longer clamouring over each other for property within the business districts.

“Instead, demand is growing in outlying areas—like Brentwood Agricultural Holdings—where residents aren’t suffocated by the concrete jungle but aren’t too far from creature comforts.”

The auction commences at 10 am on Tuesday the 27th of October and will run until 10 am on Tuesday the 10th of November. To arrange an appointment to view or register for the auction, interest parties can contact Carol Cherrington on property@parkvillage.co.za or 011 789 4375. More information can be found on parkvillageauctions.co.za under listing number 615.

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