Farm for auction in Philippi, Cape Town
Web Ref: 1115557
Over 97 500m2 of Farmland Going on Auction: Wednesday 29 September 2021
Going on Auction: Wednesday 30 September 2021
Reserve Price: R7 000 000.00 (All offers will be reviewed)
Expected opening bid: R6 650 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
9.75 ha of Farmland
Large Dam for irrigation
4 Bedroom House with an Entrance hall, Lounge, a Study, and an enclosed Backyard.
Wheelchair-friendly ramp at the front entrance.
1 Bedroom has BIC's
Spacious, North-facing Kitchen with BIC's
1 Bathroom with a bath, hand-basin, and toilet
Double Garage, and ample parking behind locked gates
Carport for x4 trucks and x3 storage rooms for potential offices/security posts, etc...
In need of a little TLC, but holds HUGE POTENTIAL for the discerning investor!
Ideally located a mere stone-throw away from Phillipi Industria with Spar and Pick 'n Pay Distribution Centers just down the road.
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.
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Our goal is to sell your property at the right price and in the shortest possible time.