New Listing

Development for auction in Muldersdrift, Krugersdorp

R3,500,000
  1. Web Ref: 1101018
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Property Features

ERF Size 5.023 ha

VACANT LAND FOR RESIDENTIAL DEVELOPMENT

Going on Auction: Wednesday 26 May 2021
Reserve Price: R4 000 000.00 (All offers will be reviewed)
Expected opening bid: R3 500 000.00
Non-refundable 10% commission plus VAT over and above purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

A great investment opportunity exists for serious property developers. A key property is currently available in a world-famous location with other key landmarks and amenities in close proximity. A set of key future development are also being planned within reach, such as the famous Gautrain route and a set of road interchanges & roads. Seize this opportunity to secure your stake in this key development area..

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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