R 8 400 000
calculate bond costs

Commercial space in Ruimsig

9 465 m²

Student Housing or Conventional Apartments Opportunity opposite Monash University Ruimsig !

Walk across Peter rd to Monash University Ruimsig from this well positioned Student housing stand ! Or build 140 conventional apartments in this popular suburb.

Semi serviced with gatehouse in place

Fully walled

140 units

4 storeys permitted

Next to new Student Housing development

50% coverage FAR 1.0

9485 m2 in extent

One parking bay per 2.5 beds

Current rental of R18000 per month from house (ultimately to be demolished). 3 phase power and Council water in place.

At pre proclamation stage Ruimsig x 87

Bulk contributions payable

Gatehouse and walls in place

Site has been consolidated as Erf 539 Ruimsig

Property details

  • Listing number T2966328
  • Property type Commercial
  • Listing date 5 Oct 2020
  • Land size 9 465 m²
  • Rates and taxes R 3 000

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