3 Bedroom smallholding for auction in Elands Bay

R2,800,000
  1. 3
  2. 1.5
  3. Web Ref: 1156466
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Property Features

ERF Size 15.000 ha

Interior Features

3 Bedrooms
1 Lounge
1.5 Bathroom

This heritage rich investment opportunity awaits its new owner.

Going on Auction: Wednesday 27 July 2022
Reserve Price: R2 800 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

This heritage rich, property is perfect for a retirement or a holiday destination for the family. Since the full extent of the land is situated in the municipal district of Elands Bay it has business opportunity as well. Adding more value, is the Verlorenvlei Estuary alongside the property, which is also a bird sanctuary. The property has 3 large bedrooms, separate bathroom, and toilet. A large, sunny lounge gives view to rolling lands. Being 1km from the ocean it’s a great investment to enjoy during your golden years. Easy access to major amenities and about 200km to Cape Town.

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.

Location

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*based on purchase price at Prime over 20 years

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