Commercial - Land on Auction in Witsand

Description

Deceased Estate Abdus Samad Mahomed Peer & Surviving Spouse Kathija Bibi Ismail Peer (Master Ref No.012133/2022) ONLINE AUCTION Bidding Start Time: Wednesday, 02 December 2026 @ 09:00 Bidding End Time: Thursday, 03 December 2026 @ 14:30 Registration is essential by Monday, 30 November 2026. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. Development Opportunity - Massive Rezoned Vacant Land Available This vacant land has approved rezoning to Mixed use 2 zoning, offering multiple use cases such as general business, industrial, retail shopping centre, residential accommodation, medical facilities, conference centres, places of worship/assembly, service stations and solar/wind farming, to name a few. All SDPs would need to go through the submission process; however, the entire plot holds an approved subdivision into 2 portions (7.13Ha & 14.14 Ha). The City Approval encourages for development, as it falls within Koeberg Restriction Area Overlay Zoning. Note: DCs and bulk services are for the purchasers' account. Located in the well-established Atlantis region, the site offers convenient access to major transport routes and essential infrastructure. Supported by businesses, educational institutes, and the high density residential population, it makes for a strategic and valuable investment. Viewings: At Leisure Contact Sachin & Rob for more info or OTP. Exclusive commercial finance available. Claremart Advisory is available for any feasibility & development planning. DETAILS: • Farm size: 212756m² • Zoning: Agricultural 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.