New Listing

Vacant Land for auction in Newton, Wellington

R2,300,000
  1. Web Ref: 1100323
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Property Features

ERF Size 1.000 ha

VACANT LAND / DECEASED ESTATE

Going on Auction: Wednesday 26 May 2021
Reserve Price: R3 000 000.00 (All offers will be reviewed)
Expected Opening Bid: R2 300 000.00
Non-refundable 10% commission plus VAT over and above purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

This magnificent untouched hector of land in Wellington. Just waiting for a developer to take it over. This land is ideal for low-cost housing.

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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*based on purchase price at Prime over 20 years

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