962 m² Land available in Berea West
962 sqm Vacant Erf Calling all investors and developers.
Going on Auction: Wednesday 17 December 2025
Reserve Price: R1 000 000.00 All offers will be reviewed
Expected Opening Bid: R800 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
These two adjoining plots are perfectly positioned in a prime location-ideal for building student accommodation or establishing a thriving business premises. The property is fully walled and offers convenient access from two sides, ensuring excellent visibility and versatility. A rare opportunity with endless potential. Onus has disclosed defects on the property. Onus in on the purchaser to repair.
Property is sold voetstoots. Seller is not registered for VAT. SUSPENSIVE CONDITIONS: Property is a late estate. The sale is subjects to Masters approval.
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.
Property details
- Listing number T5291062
- Property type Residential Land
- Listing date 4 Nov 2025
- Land size 962 m²
- Rates and taxes R 335
On Auction
- Wed 17 Dec 10:00 Location: Rawson Properties Head Office, 222 Main Road, Rondebosch