| Unlock the potential of 4004m² with subdivision for six plots. |
Going on Auction: Wednesday 29 July 2026
Reserve Price: R650 000.00 (All offers will be reviewed)
Expected Opening Bid: R600 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)
Opportunity for Developers and Investors in Graafwater.
This expansive 4004m² property presents an excellent development and investment opportunity, with subdivision already in place for six plots and services conveniently available at the street boundary. Located in a peaceful town offering a relaxed lifestyle and low crime levels, the property is ideally positioned within easy reach of Lamberts Bay and the surrounding coastline. With its generous size, development potential, and desirable location, this property offers an exciting opportunity for investors or developers seeking to capitalize on the growing demand for well-positioned land in a tranquil coastal setting.
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 4,004 m²
Rates R629 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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