Mixed Use for auction in Malmesbury Rural

  1. Web Ref: 1024046

Property Features

ERF Size 413.000 ha
Building Size 413m²

Going on Auction: Wednesday 29 January 2020 at 12 Noon

Going on Auction: Wednesday 29 January 2020 at 12 Noon
Reserve Price: R250 MIL (All offers will be reviewed)
(10% Commission plus VAT over and above bid amount)

413 Hectare farm with the potential to be rezoned into light industrial estate, residential or mixed use. This property borders the N7. Part of the property was sold to Engen which was successfully rezoned. Property is 5 minutes away from Philadelphia and 10 minutes away from Blouberg.

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.

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