Commercial Property for auction in Mangaung, Bloemfontein

R3,000,000
  1. Web Ref: 1054036
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Property Features

ERF Size 4.000 ha
Building Size 4m²

Commercial property - 3.8901 Ha (Ideal for low cost housing)

Going on Auction: Wednesday 23 September 2020 at 12 Noon
Reserve Price: R3 000 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

Large vacant plot in Turflaagte, Mangaung (Bloemfontein) for sale. The property is situated in a residential area East of the Bloemfontein CBD. The property is zoned commercial but land is best suited for low income residential or government housing. The rest of the area is mainly low cost housing. The property has a fairly slope level with a eastern and southern facing street aspect, and all municipal services such as water, electricity, sewerage and refuse is available.

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

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