Easy access to most facilities in the town of Rustenburg
Next to the N4 toll road which provides easy access to Johannesburg and Pretoria.
Public transport services operate from the area.
Beautifully landscaped common areas and gardens to provide a welcome experience for residents and visitors alike.
A secure perimeter wall, boasting on site security, and 24-hour access controlled gatehouse.
Designated drop-off zones and adequate parking interspersed throughout the Estate for the convenience of the residents.
Phase 1 – completed
Phase 1 of the project had an initial investment cost of R250 million.
422 houses of 80m² in size, have been built, with families are already living in their newly purchased homes.
Internal roads and street lighting have been completed.
The perimeter wall and gatehouse facilities have been built and is operational.
All stands in Phase 1 are fully serviced.
Gardens in common areas are landscaped and maintained to ensure that the Estate is aesthetically pleasing.
Phase 2 of the project has an investment cost of R2.8 billion.
Currently two show houses have been built on the site and plans are in place to sell houses off plan.
3 100 houses will be built – with a combination of the four different house categories, built in demarcated areas of the Estate.
The Estate will have two main entrances and several smaller internal access gates for residents and visitors.
The developer has plans to include future commercial amenities in line with the development vision.
Phase 2 house categories will include:
80m² – 1 854 units
140m² – 633 units
220m² – 91 units
360m² – 12 units
Buying a Home
Cost of Homes
Varying sizes and prices to suit the diverse needs of employees, with flexible payment structures to ensure affordability.
Loan repayments will be at a lower than expected level to match employee affordability.
The RBPlat Home Owner’s Allowance and Living Out Allowance will be applied to home loan repayments.
Increases will be effective on 01 of July each year, in line with annual wage increases.
Monthly statements will reflect payments that are dependent on the size of the home purchased.
Prepaid electricity, water, rates and taxes, transport and maintenance inside the house, will be for the homeowners own account.
Terms & Conditions of Loan
Prospective homeowners must be permanent employees of the RBPlat Group.
RBPlat remains the registered owner of the property until 50% of the repayment obligations are met. At this time the homeowner can elect to take transfer of the property and RBRP will register a bond over the property. If not the transfer will happen, when the full amount due has been paid (term-/+18years).
No home owner is allowed to sell or rent the property without a written consent from RBRP.
The homeowners rights are endorsed over the property and RBRP cannot further trade with the property, except when a breach of contract has occurred.
If the employee wants to sell the property (once the property has been transferred) the company has the first option to buy back the property from the employee.