| Re -Development Opportunity for Commercial & affordable housing |
Going on Auction: Wednesday 24 June 2026
Reserve Price: R180 000 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
PROPOSED RE-DEVELOPMENT OPPORTUNITY FOR COMMERCIAL & AFFORDABLE HOUSING!
Prime development opportunity along the N7 corridor! This well-positioned property is currently zoned agricultural, with strong potential for rezoning to light industrial, residential, or mixed-use. Portions of the land have already been successfully subdivided and rezoned to accommodate a petrol station and food outlet, demonstrating proven development viability. Ideal for solar power, housing, or mixed-use projects, the property is just 40 minutes from Cape Town, 10 minutes from Blouberg and Burgundy Estate, and 20 minutes from Milnerton. With rapid growth and major developments such as the nearby Zenprop Shopping Centre, this area is poised for significant expansion — a prime opportunity for visionary investors and developers.
***NB – The Engen petrol station is not included in the sale**
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.
ERF Size 413.000 ha
Rates R1,231 per month
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Tanya Jovanovski
c. 0799803457
tanya.auctions@rawson.co.za
Ilda Santiago
c. 0847627195
ilda.santiago@rawson.co.za
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