Back on Market
R 8 400 000
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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

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