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80 Apartments & Commercial Units Approved Development Opportunity
updated on Jul 09, 2025
POA

WEB REF: 752778

Property Summary
  • Selling Price POA
  • Property Type Commercial - Retail
  • Erf Size 1877.0000 m2
  • Rates & Taxes R 6284.00


Description

ONLINE AUCTION Bidding Start Time: Wednesday 30 July 2025 @ 09:00 Bidding End Time: Thursday 31 July 2025 @ 14:30 Registration is essential by Monday 28 July 2025. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: Calling Developers/Investors To Not Miss This Approved Development With Approvals & All Departures In Place Of 80 Apartments & Commercial Units. Rezoning in place and approved SDP- site development plans are available. Current tenants in place generating in ±R52,000 pm or ±R624,000 p/annum excl. VAT Pre-auction offer highly recommended. DETAILS: • Erf no: 22351, Goodwood • Erf size: 1877m² • Zoning: General Business 4 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.

Additional Features
      Property Address

      Richmond, Goodwood, Western Cape

      Contact Agent(s)

      eMail Agent(s)