Commercial - Retail for Sale in Ladywood

Description

ONLINE AUCTION Bidding Start Time: Wednesday 29 January 2025 @ 09:00 Bidding End Time: Thursday 30 January 2025 @ 14:30 Registration is essential by Monday 27 January 2025. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: Over 8 hectares of development land bordering residential nodes- with letter confirming the farms being earmarked for future urban development. Proposed SDP for Option 1-278 single residential erven or Option 2-for 459 apartments & 153 Single Residential erven. Farms located ±100 metres from lake and river. House on portion 23- currently generating R 60,000 per annum. Pre-auction offer welcome! DETAILS: • Erf no (extent): 438-26, Ladywood Estate (42825m²) • Erf no (extent): 438-23, Ladywood Estate (42825m²) • Zoning: Farm 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.