16 Bed, Bed and Breakfast in Vaaloewer

Investment Opportunity for going concern.

Going on Auction: Wednesday 22 May 2024

Reserve Price: R6 500 000.00 (All offers will be reviewed)

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

INVESTMENT OPPORTUNITY FOR GOING CONCERN.

16x Double room with ensuites, conference/function room for 60 persons, will be ideal for wellness center, rehab center or assisted living center, full bar with liquor license, pool Lapa, Full industrial kitchen and Laundry plus mooring facilities on 4km navigable portion of the Vaal River between Barrage and Parys.

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.