Commercial - Mixed Use for auction in Panorama, Malmesbury
Web Ref: 980873
Reserve dropped by 50%. Bidding will start at R250m
Going on Auction: Wednesday 17 April 2019 at 12 Noon
(10% Commission plus VAT over and above bid-amount)
Reserve Price: R250 million
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.
446.64 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. (Northern portion is 192.54ha & Southern portion is 254.10ha. Total is 446.64ha.
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Our goal is to sell your property at the right price and in the shortest possible time.