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 2 Aug 2026
- Land size 9 465 m²
- Rates and taxes R 3 000