Vacant Land for auction in Bishopstowe, Pietermaritzburg

4400sqm Vacant land that has been sub-divided into four portions.

Going on Auction: Wednesday 24 August 2022
Reserve Price: R1 800 000.00 For all four portions (All offers will be reviewed)
Reserve Price: R450 000.00 Per portion (4 portions) (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 vacant land is nestled in a quiet suburb of Bishopstowe. Ideal for a developer to purchase these plots and build a chic farm style house or properties. It is about 10km from the nearest shopping malls. However, peace and quiet is the order of the day

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.