Property Details

10295 sqm High Level Stand Erf 12. What a steal! 10 295 sqm stand in the popular Blue Hills Equestrian Estate - perched on a higher part of the Estate with nice view. Build the transfer duty into the deal. Press PLAY on this one! This billionaire`s Estate next to Reddford School is not far off being fully built with already about 20 active building sites at the moment. Minimum house size is 450 sqm per 5000 sqm, and maximum 1500 sqm per 5000 sqm. Subdivision of this stand is limited to 2 sectional title homes (the Estate levy is afterwards adjusted to 1.7x normal levy). The second home may not be smaller than 150 sqm. The land extent is 12 960 sqm but has an Eskom servitude running at the back, making the Cadestral extent 10 295 sqm. Approved building plans are available for a house on this stand. Communal facilities include 24 hour patrolled security, 2 horse tracks and dressing area, next to a children`s play yard and tennis court. Just 20 minutes to Sandton on the R55 and the Kyalami Estates. Make use of your own professional services or the recommended ones and there is a 24 + 12 months building period commencing from the registration of the land in your name. A french drain will have to be used as there are no municipal sewage services in the Estate. Aesthetics Committee to approve building plans and rates and taxes are reduced once the initial building period expires by around 30%. Reddford High School next to the Estate! Land value in this area surely is on the rise and one day people will say if I only knew back then!