7127 m² Commercial Vacant Land For Sale in Kuils River

Bidding opens at R6,000,000

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:
These types of opportunities do not come around often. This sizable vacant stand has approved SITE DEVELOPMENT PLANS for 180 opportunities.
There is a massive shortage of student accommodation in the Western Cape. This site has approved plans for student accommodation.

• 15 Minutes / 7.8km to the University of the Western Cape and 16 minutes / 8.1 km to Cape Peninsula University of Technology.
• The site is also located in the high-demand area of Highbury, Kuils River. • Affordable housing will be ideal for this site.
• Zoning: GR2
• Erf extent: 7127m²

Further information on request.

DETAILS:
• Erf no: 24022
• Erf size: 7127m²

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.