Smallholding for auction in Sunninghill, Sandton
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Web Ref: 1247667
Property Features
Interior Features
Exterior Features
1.332Ha Prime Land in Prime Location. Ideal for High End Development
Going on Auction: Wednesday 22 May 2024
Reserve Price: R5 500 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Prime land for development in a fantastic location. Currently on the property is a three-bedroom house, two-bedroom cottage and two staff quarters. Large well-maintained garden with open braai area. Double garage and a double carport. The seller has disclosed that there is a servitude on the property. The property will be sold voetstoots.
Sale is subject to master’s approval.
Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.
Location
Contact the agent
Registered with the PPRA
Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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*based on purchase price at Prime over 20 years
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