Vacant Land for auction in Stellenbosch Central

  1. Web Ref: 996159

Property Features

ERF Size 20,331 m²

Going on Auction: Wednesday 31 July 2019 at 12 Noon

Going on Auction: Wednesday 31 July 2019 at 12 Noon
Reserve Price: P.O.A. (All offers will be reviewed)
(10% Commission plus VAT over and above bid amount)

This land is suitable for a housing development of approximately 35 homes. It's currently zoned agricultural. The plot next door has been rezoned and is currently being serviced and developed into a housing estate. The new owner will have to rezone and will then have the choice of building a small estate or creating opportunity for student accommodation. The property is situated 20 minutes from the centre of Stellenbosch and 3 minutes from Delaire De Graff estate.

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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