Vacant Erf for auction in West Bank, East London

304 sqm Vacant erf.

Going on Auction: Wednesday 25 September 2024
Reserve Price: R550 000.00 (All offers will be reviewed)
Expected Opening Bid: R500 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)

Flat piece of residential land in the suburb of West Bank, East London. Build your own dream home, close to the sea and other amenities such as West Bank School, Mercedes Benz, IDZ and the golf course. Services already available (Water, Elec & Sewerage).

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.