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R24,000,000

Vacant Land Residential for sale in Ruimsig

5.5ha
Prime Vacant Land In Ruimsig !

Welcome to our exclusive property listing! Nestled within a sprawling 55,000 square meters, this remarkable property is composed of two adjoining townships, offering vast potential for development. Whether you are an investor or a developer, this property presents a unique opportunity to create a thriving residential community.

This property comes with a generous set of establishment conditions. It allows for the development of up to 60 units per hectare, ensuring ample space and comfort for future residents. With a floor area ratio (FAR) of 0.7 and a coverage allowance of 50%, the property supports efficient and sustainable building practices. Additionally, the maximum building height of three storeys provides flexibility in design while maintaining an attractive skyline. Classified as Res 3, this property is perfectly suited for residential development.

Environmental sustainability has been carefully considered, with the Environmental Impact Assessment approved on 31/03/2016 and valid for ten years. This assurance underlines our commitment to responsible development that harmonizes with the surrounding environment.

The property's general plans have received official approval, guaranteeing that any development will be in compliance with local regulations and guidelines. This key detail streamlines the planning process and minimizes potential hurdles.

Convenience is paramount, with essential utilities such as water and sewerage connections readily available at the property’s perimeter. This facilitates seamless access to essential services, simplifying future construction and development efforts.

This is an incredible opportunity to invest in a prime location with significant development potential. Don’t miss out on the chance to bring your vision to life. Contact us today to arrange a viewing and discover the full scope of possibilities this exceptional property has to offer.

Property Type
Vacant Land Residential
Stand Size
5.5ha
Reference
2060158
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R247,725
Home loan repayment
R247,725
Utilities
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R0
Property history
Listed for sale at R24,000,000
24 Aug 2022
Get to know Roodepoort
The sprawling residential area which is Roodepoort, offers an array of residential properties amid rolling hills and superb views of both city of Johannesburg to the east and Magaliesburg to the west.
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