| Future development potential – 12.5% share in 3.23ha land. |
Going on Auction: Tuesday 23 September 2025
Reserve Price: R1 000 000.00. (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on the fall of the hammer (Payable by the buyer)
The land is currently not serviced, and no section number has been allocated. The onus is on the purchaser to proceed with the subdivision process. This property offers flexibility and significant potential for future development or investment.
Proceeds include a 12.5% Share in ERF 255 Schaap Kraal In the city of Cape Town Cape Division Western Cape Province in Extent: 3,2397 (Three Comma Two Three Nine Seven) Hectares.
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.
ERF Size 2,050 m²
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Sonia Thomas
c. 061 424 1982
sonia.thomas@rawson.co.za
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