Vacant Erf for auction in Margate
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Web Ref: 1312398
Property Features
Vacant coastal property with approved plans.
Going on Auction: Wednesday 27 August 2025
Reserve Price: R350 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 exceptional vacant property presents a rare opportunity for development, featuring an elevated position with breathtaking sea views. The site currently includes two wooden structures—a three-bedroom and a two-bedroom unit—which are intended for demolition, paving the way for a fresh start. Approved building plans are included, streamlining the process for further development or customization. Whether you're an investor seeking a prime location for a multi-unit project or a family ready to build a dream coastal home, this property offers the perfect foundation with unmatched potential and scenic appeal. The property is sold voetstoots.
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.
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Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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