1. Property for auction
  2. Kwazulu Natal
  3. Port Edward
  4. Palm Beach
  5. Vacant Erf for auction

Vacant Erf for auction in Palm Beach, Port Edward

R175,000
  1. Web Ref: 1282230
+ 6
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Property Features

ERF Size 539 m²
Rates R360 per month

Interior Features

1 Store Room

Exterior Features

Irrigation

Excellent development opportunity.

Going on Auction: Wednesday 29 January 2025
Reserve Price: R175 000.00. (All offers will be reviewed)
Expected opening bid: R160 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)  

This property offers an excellent opportunity for development. Featuring a 539 sqm vacant erf with approved plans for a two-bedroom house. The land is situated in a desirable area, just four-minute’s drive from, the beautiful nature reserve and only four kilometres from the beach. Making it a prime location for both relaxation and outdoor activities. A 3 x 9 storage room has already been built on the property. Providing ample space for storage while construction is underway. The property also benefits from water and electricity connections, which are already in place. Reducing initial setup costs and streamlining the development process. With its solid foundation of approved plans, utilities, and strategic location, this property presents a fantastic opportunity for someone looking to build their ideal home in a serene and well-contacted area.

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

Contact the agent

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Cagney Nienaber
Cagney Nienaber
Candidate Property Practitioner
Registered with the PPRA
Danielle Oosthuizen
Danielle Oosthuizen
Tanya Jovanovski
Tanya Jovanovski
Principal Property Practitioner
Registered with the PPRA
Rawson Auctions Western Cape

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

222 Main Road, Rondebosch

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