Prime Development Property

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

ONLINE AUCTION

Bidding Start Time: Tuesday 30 September 2025 @ 09:00

Bidding End Time: Wednesday 01 October 2025 @ 14:30

Registration is essential by Monday 29 September 2025.

Pre-Auction Offers may be considered.  Auction Finance Available.

For more information, please contact the listing agent.

DESCRIPTION:

Prime development property surrounded by similar already developed residential complexes. This 2,67 Hectare property can be redeveloped for townhouses or apartment complex. Located in a high demand area with similar development currently ongoing, easy access. to main routes, schools, health facilities and many more. Easy access to. N14 via R55.

• Property previously had Residential 3 rights which allows the development of 177 units, 3 stories high which fits in the town planning scheme.
• Property requires application for renewal of Residential rights. Geotech report is available. Land contains no dolomite.

DETAILS:

• Farm no:  383-229, JR
• Farm size:  26 708m²
• Rates:  TBC

• Zoning:  Agricultural Holding

Web Ref:  752656

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.

Lesego Lekhoathi | 083 605 8952 | 011 327 3665 | lesego@claremart.com

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: info@claremart.co.za