Ruimsig: 4 large full title, free hold residential stands for sale | Other | Gumtree | 125524537
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    Ruimsig: 4 large full title, free hold residential stands for sale
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    Ruimsig: 4 large full title, free hold residential stands for sale

    R 1,340,000
    Posted 2 years ago
    ONLY 3 STANDS LEFT! Build your dream home on one of four spacious stands in Ruimsig!

    Ruimsig Extension 38 is a panhandle property securely nestled away just off Gelding Avenue in Ruimsig. It comprises 4 large Residential 1 zoned stands, and a Section 82 certificate is in place (all services installed) such that all stands are ready to build on once your plans are approved by council. Each stand is free title, which means you can design and build your own dream home in your own time. The selling prices for the remaining two stands are as follows: Erf 486 (2,057 sqm) is R1,340,000, and Erf 487 (2,113 sqm) is R1,370,000. All purchasers will belong to the Home Owner's Association which will maintain the communal amenities of the property such as the access road. Transfer duty and conveyancing fees will be payable by the purchaser. Please note that if a stand is purchased with bond finance, banks currently do not give bonds of more than around 50-70% for vacant land, depending on the client. Therefore, a buyer will have to provide a substantial cash deposit for the purchase and transfer costs.

    The stands are close enough to Hendrik Potgieter and Doreen roads to be central, but far enough from them to be private and sufficiently peaceful. Ruimsig is a sought-after, upmarket residential area of smallholdings, boutique luxury developments and stately family homes ranging in property values from R1.5 Million up to R20 Million and above. With its large stands and zoning specifications, this area will always retain its country feel, while at the same time allowing easy access to all urban amenities. Ruimsig is in close proximity to the R28 highway, several private schools, Monash University, Walter Sisulu botanical gardens, two local shopping centres, Silverstar Casino, Virgin Active and Planet Fitness gyms, Ruimsig Country Club and the recently-constructed 76,000 m2 regional shopping centre called Cradlestone Mall.


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