Smallholding for auction in Benoni North

Prime two-hectare development plot with versatile infrastructure.

Going on Auction: Wednesday 18 December 2024
Reserve Price: R7 000 000.00. (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)  

This exceptional two-hectare property offers extensive facilities, making it ideal for residential living, rental income, or institutional development. Located in a well-connected area, the property is fully rezoned for a place of instruction, presenting unique opportunities for schools, training centers, or community hubs. This property is an investor's dream with its blend of residential, rental, and developmental possibilities. Whether you envision a private estate, rental business, or a thriving educational institution, this space is ready for your vision. Potential rental income R78 000.00 per month. Vacant on transfer. The seller has disclosed some defects. Onus is on the purchaser to repair. The property is sold voetstoots.

MAIN HOUSE DESCRIPTION:
5 Bedrooms.
3 En-suites.
2 Family bathrooms.
4 Spacious lounges.
Dining room.
Fully equipped kitchen.

ADDITIONAL DWELLINGS:
1 Bedroom cottage.
2 Bedroom cottage.
3 Bedroom cottage.
Staff quarters.
3 Bedroom rondavel.
5 x 1-bedroom wooden cabins.

OUTSIDE:
Garden.
Double garage.
8 Carports.
Closed carport for one vehicle.
Braai area.
Pool area.

SECURITY:
Remote access main gate.
Alarm system.
Panic button.
Burglar bars.

EXTRA FEATURES:
3 Phase power supply.
Septic tanks.
Laundry room.
5 Storerooms.
Large workshop.

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.