Commercial - Land for Sale in Westgate

Description

ONLINE AUCTION Bidding Start Time: Wednesday 27 November 2024 @ 09:00 Bidding End Time: Thursday 28 November 2024 @ 14:30 Registration is essential by Monday 25 November 2024. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: Please note that the price indicated on this advert stipulates the opening bid not the price. WESBROOK DEVELOPMENT Never to be repeated. With a Massive Shortage of Affordable Housing in the Western Cape. Huge demand for the end product! Unique opportunity to secure an approved turnkey development project consisting of 620 Erven. Opportunity to do plot & plan development in Mitchells Plain / Westgate area with the development name “WESTBROOK DEVELOPMENT” – WESTBROOK DEVELOPMENT IS SPREAD OVER 20 HECTARES CONSISTING OF: • 620 Individual erven • 2 Large parks • A creche / early childhood development centre • A place of worship • Electricity substation • Public parking area • A biodiversity corridor ALL PLANS AND APPROVALS AVAILABLE UPON AN NDA BEING SIGNED. DETAILS: • Erf no: 644 • Erf size: 207513m² 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.