LOT NOT SOLD
CLOSING BID
Approved Development For 180 Apartments – Student Accommodation Or Residential
Bidding opens at R6,000,000
ONLINE AUCTION
Bidding Start Time: Wednesday 24 April 2024 @ 09:00
Bidding End Time: Thursday 25 April 2024 @ 14:30
Registration is essential by Monday 22 April 2024.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.
DESCRIPTION:
These types of opportunities do not come around often. This sizable vacant stand has approved SITE DEVELOPMENT PLANS for 180 opportunities.
There is a massive shortage of student accommodation in the Western Cape. This site has approved plans for student accommodation.
- 15 Minutes / 7.8km to the University of the Western Cape and 16 minutes / 8.1 km to Cape Peninsula University of Technology.
- The site is also located in the high-demand area of Highbury, Kuils River.
- Affordable housing will be ideal for this site.
- Zoning: GR2
- Erf extent: 7127m²
Further information on request.
Pre-auction offers may be considered.
DETAILS:
- Erf no: 24022, Kuils River
- Erf size: 7127m²
- Rates: TBC
- Zoning: TBC
Web Ref: 708909
VAT Applicable
PAYMENT TERMS:
2.5% Deposit & 10% Auctioneers Fee (excl. VAT on fee), payable on the fall of the hammer by means of EFT only. Balance payable on Transfer.
Shameer Isaacs | 081 759 8302 | 021 425 8822 | shameer@claremart.com
CONTACT DETAILS:
Auctioneer: Claremart Group
Contact No: +27 21 425 8822
Email: info@claremart.co.za
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