Development for auction in Philippi, Cape Town

  1. Web Ref: 981858

Property Features

ERF Size 1639 m²
Rates R451

Development opportunity awaiting

Going on Auction: Wednesday 24 April 2019 at 12 Noon
Reserve Price: R750 000.00 (10% Commission plus VAT over and above bid-amount)

Rawson Auctions presents a well-situated development opportunity in Philippi.
The large vacant land hosts a three bedroomed dwelling, offering abode for ambitious investor who knows how to tap into the growing housing need. Property is close to public transport & other amenities.

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.


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