1 082 m² Land available in Lamberts Bay

Large vacant plot very close to the sea.

Going on Auction: Wednesday 26 June 2024

Reserve Price: R620 000.00 (All offers will be reviewed)

Expected opening bid: R550 000.00

Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

1082sqm Vacant land, close to the sea in Lamberts Bay. The plot can be subdivided into

Three ervens. Bonus opportunity: there is an old, neglected building on the plot and municipality. Plans are available to restore the existing building on request.

Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A Reserve Price is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the propertys market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.