31214 m² Commercial Vacant Land For Sale in Philippi

Bidding opens at R7,000,000

ONLINE AUCTION
Bidding Start Time: Tuesday 28 May 2024 @ 09:00
Bidding End Time: Thursday 30 May 2024 @ 14:30
Registration is essential by Monday 27 May 2024.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.

DESCRIPTION:
Massive ZONED INDUSTRIAL (GI1) land going on auction in Philippi.
This 31 214m² vacant site is perfect for storage, an industrial park, a warehouse, distribution, or a church.

Land Description:
• Erf number: 20858
• Location: Rochester Road, Philippi
• Erf size : 3 Hectares /31 214m²
• Zoning: General Industrial 1
• Further information on request

Surrounding Businesses:
• Agri-Protein is on Rochester Road adjacent to the land.
• Marley Roofing is situated directly across Rochester Road.
• Peninsula Drums adjacent to our land.
• Philippi Metro Police closely proximate to the land.
• Philippi East is ideally located as it is virtually adjacent to the airport, which means it can offer unique value for businesses e.g., air transportation; agri-processing; distribution; etc; including easy access to the N2 and R300. • One can approach Philippi through airport industrial. Philippi is an enormous area, bound by Lansdowne Rd, in the north, and the railway line in the South. It is made up of some 7 wards and multiple neighborhoods therein. Philippi East – a broad phrase for areas east of New Eisleben Rd, and east of Stock Rd up until Mandalay (an adjacent suburb). New Eisleben and Stock Rd are large arterial roads that run north (from Lansdowne) south to the train line and Mitchells Plain. The population in Philippi is 200,603 people which is rapidly growing. The population is diverse but predominantly Xhosa

VAT TO BE CHARGED ON THE PURCHASE PRICE.

DETAILS:
• Erf no: 20858
• Erf size: 31214m²

PAYMENT TERMS:
2.5% Deposit & 10% Auctioneers fee (excl. VAT on fee); Payable on the fall of the hammer by means of EFT only. Balance payable on transfer.

REGISTRATION REQUIREMENTS:
To bid at the auction you need to provide a copy of your identity document and current proof of residence (not older than 3 months) as well as a R20,000 refundable registration fee.

DISCLAIMER:
The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.