Commercial - Land for Sale in Racing Park

Description

Bidding Starts At R 900 000 ONLINE AUCTION Bidding Start Time: Wednesday 28 May 2025 @ 09:00 Bidding End Time: Thursday 29 May 2025 @ 14:30 Registration is essential by Monday 26 May 2025. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: This prime 1568m² GI1 plot is situated in sought after Racing Park and sold below market value. Don’t miss out on this rare opportunity to secure your industrial space. Contact us for more details and to schedule a viewing. Investment Opportunity: Perfect for entrepreneurs and businesses looking to establish a presence in a thriving industrial area. Description: • Prime location: Vacant plot 1568m². • Zoning: General Industrial 1 (GI1), allowing for a variety of industrial uses. • Accessibility: Convenient access to major transportation routes. • Development potential: Ideal for industrial facilities, warehouses, or manufacturing plants. • Space: Plenty of room for expansion and customization. • GPS location: 18.533804°E 33.811361°S DETAILS: • Erf no: 35160, Milnerton • Erf size: 1568m² • Zoning: General Industrial 1 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.