5 511 m² Land available in Greenwood Park

5511SQM RESIDENTIAL VACANT LAND IN SECURED NEIGHBOURHOOD.

Going on Auction: Wednesday 17 December 2025

Reserve Price: R5 700 000.00 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

Residential vacant land. Approved plans to develop 40 units.

Investors dream! This stunning vacant land has approved building plans to develop 40 units and one undercover parking structure for each unit. This unique opportunity is ideal for student accommodation or rentals.

The plans allow for 1, 2 and 3 bedroom units and a communal pool area. Plans available on request.

Land sold with:

1. Approved municipal Plans

2. Engineers and retaining walls Drawings

3. Rezoning Decision

4. Geotech report

5. Stormwater Management Reports

6. Sketches and 3D models

7. Environmental Authorisation and Site EMPr

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.