| Riverside investment with six chalets & main house. |
Going on Auction: Wednesday 23 July 2025
Reserve Price: R4 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)
Located on the serene banks of the Vaal River, this property presents a rare investment opportunity for those seeking a high-potential, income-generating asset. The estate features six self-catering chalets as well as a well-appointed main house offering two bedrooms (with the potential for a third), a family bathroom, guest toilet, sunroom lounge, and a fully fitted kitchen. A second house on the property requires some TLC but offers additional value once restored. Outdoors, the property boasts a large garden, multiple jetties, a boma area with built-in braais, and a swimming pool. Additional features include a borehole with two JoJo tanks, secure covered parking for eight vehicles, a large workshop, reception and kiosk areas, and three campsites with power points. While the property is not sold as a running concern and is being sold voetstoots, it holds excellent rental income potential. CONDITION OF SALE: N.B! This sale is conditional upon the approval of a 50% share transfer by the shareholders, as registered with the Companies and Intellectual Property Commission (CIPC). The transaction could be zero rated depending on the purchaser' VAT status.
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 214,899 m²
Rates R8,000 per month
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Danielle Oosthuizen
c. 0829605357
danielle.oosthuizen@rawson.co.za
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