Going on Auction: Wednesday 28 May 2025
Reserve Price: R500 000.00 (All offers will be reviewed)
Expected Opening Bid: R450 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Prime parcel of land featuring three uninhabitable houses ready for demolition. Perfect opportunity to design and build your dream home from the ground up. Located in a well-connected area close to shops, schools, and hospital. Ideal for investors or families seeking a fresh start in a central location.
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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