1045 m² Land available in Worcester and surrounds

On Auction

Nikolai Mynhardt

Claremart Auction Group

Twané Scholes

Claremart Auction Group

1045 m² Land available in Worcester and surrounds

On Auction

Address: 1 philly mapulane street

Auction Details

Auction venue: The Waterloo Library, 30 Baring Street, Worcester
Auction date: 28-Jun-21 from 00:00 to 00:00
Land Area 1045 m²

Vacant Site In De Doorns

Details

Erf no: 5595

Erf size: 1045.51m

Zoning: Institutional Zone I

Special Conditions:

1.Should the Purchaser be a registered social care organization/institution the purchase price be fixed at a minimum of 50% of the fair market value

2.that all costs pertaining to the transaction be borne by the Purchaser, e.g. transfer costs, survey, connection fees of municipal services, rezoning, provision of services and a direct access road

3.that the development of the erf be completed within two (2) years of registration and be included in the Deed of Sale

4.A reversion condition be registered against the Title Deed and that the subject property to be utilized for Institutional Zone I purposes only and should the Purchaser fail to erect a building within two (2) years from date of registration and not use the property as specified, the erf will revert back to the Municipality free of charge

5.that the Purchaser be responsible for the payment of all municipal services including rates and taxes in respect of the property following transfer of the property and

6.that the Deed of sale is subject to the relevant internal comments and the right be reserved to supplement internal comments.

Registration requirements:

Proof of address (not older than 3 months)

Copy of ID

Payment terms:

2.5% Deposit & 2.9% Commission (excl. VAT on fee), Payable on the fall of the hammer by means of EFT only. Balance payable on transfer.

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Nikolai Mynhardt

Nikolai

Mynhardt

Twané Scholes

Twané

Scholes

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1045 m² Land available in Worcester and surrounds

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