| Prime investment opportunity – development land for eleven townhouses! |
Going on Auction: Wednesday 23 April 2025
Reserve Price: R2 100 000.00 (All offers will be reviewed)
Expected Opening Bid: R1 750 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
An exceptional opportunity for developers! This prime residential development site consists of 2 consolidated stands, offering a generous 2967 sqm of space and approved zoning for eleven townhouse units. Located in a well-established residential area with high demand, this property is perfect for a secure complex or modern townhouse development. All municipal services are available, making it a ready-to-go investment project.!
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.
ERF Size 2,967 m²
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Pulane Mampuru
c. 061 549 2316
pulane.mampuru@rawson.co.za
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