| Prime development opportunity near Greymont Shopping Centre. |
Going on Auction: Wednesday 24 June 2026
Reserve Price: R550 000.00 (All offers will be reviewed)
Expected Opening Bid: R510 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)
Ideal for redevelopment with services already connected.
Vacant property available by auction in close proximity to Greymont Shopping Centre, presenting a valuable development opportunity. The stand includes an existing foundation with unapproved building plans, as well as an outbuilding that has been erected without approved plans. The property is fully enclosed with high boundary walls and secure access gates, ensuring privacy and added security. Municipal services, including water and electricity connections, are already in place, offering convenience for future development or improvement.
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 248 m²
Rates R675 per month
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Roger Nefdt
c. 0727488640
roger.nefdt@rawson.co.za
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