Property With Proposed Development

Bidding opens at R2,950,000

ONLINE AUCTION

Bidding Start Time: Tuesday 25 April 2023 @ 09:00

Bidding End Time: Wednesday 26 April 2023 @ 14:30

Registration is essential by Monday 24 April 2023.

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

For more information, please contact the listing agent.

Description:

Calling all developers, investors and business owners! You can buy one, two or three - 2 next to each other. The single purchase offers great potential for businesses looking for easy access and exposure.

Both properties consist of approximately 1700m², and third plot is a corner plot - and one of the houses generates R20 000 and potential income is R60,000 per month while you are doing your development planning.

EXISTING PROPOSED PLANS FOR :

•        ON ERVEN 18321 & 18322 - PROPOSED PLANS FOR  35 APARTMENTS.

•        ON ERF 18318 - PROPOSED PLANS FOR 14 APARTMENTS.

Perfect location, on the MyCiti bus route, close to Centre Point, good schools, and all amenities.

Details:

• Erf no: 18322, Cape Town
• Erf size:  904m²
• Rates:  TBC
• Zoning:  TBC

Web Ref:  609497

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.

Sanjeev Boyjoonauth  |  066 054 2211  |  021 425 8822  |  sanjeev@claremart.com

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: info@claremart.co.za