New Listing

Vacant Land for auction in Simons Town Central

POA
  1. Web Ref: 1120143
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Property Features

ERF Size 5,436 m²
Rates R837

VACANT LAND FOR RESIDENTIAL DEVELOPMENT

Going on Auction: Wednesday 29 September 2021
Reserve Price: P.O.A. (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)

An opportunity exists to purchase and develop a 5436m2 plot with approved GR2 zoning and Heritage Western Cape permission to submit the NID (HIA to be done). Full building plans are ready to be submitted to Council for approval for 78 upmarket units. Full information to be supplied to bona fide buyers.

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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