850 m² Commercial space in King Williams Town
Attention all investors and developers!
AUCTION to be held on Thursday, 20 February 2025 @ 11h00 at the Mount Edgecombe Country Club, Gate 2, 1 Golf Course Drive, Mount Edgecombe - Option to bid online.
Attention all Investors and Developers!
These erven are ideally located in King Williams Town on the urban edge and is perfect for development offering endless opportunities.
The property includes a spacious farmhouse and an additional building that can be converted into flatlets or used for storage.
This property is conveniently situated next to the R346 with access and exit roads, making it ideal for developers. Municipal water and electricity are available on site and the Buffalo River flows alongside the farm.
Both properties require maintenance and work to make them habitable. The land is currently zoned as agricultural, so rezoning will be necessary for development.
This property could also be ideal for someone wanting a farm lifestyle and could easily do small scale farming.
Additionally, there is a 3032m2 vacant land zoned as Residential Zone 3.
This land is on the outskirts of the urbanised area of King Williams Town and has direct access from the R346.
This is an excellent opportunity for development.
If you are VAT registered, you can apply for zero rating.
Viewing: BY APPOINTMENT - Call the agent or our office for more information.
To participate in this physical / online auction each bidder has to follow the registration procedures, there is a R50 000 registration fee that will need to be paid.
Property details
- Listing number T4526959
- Property type Commercial
- Listing date 21 Feb 2024
- Land size 8 ha
- Floor size 850 m²
- Rates and taxes R 7 872