Vacant Land for auction in Lamberts Bay

Large vacant plot very close to the sea.

Going on Auction: Wednesday 28 August 2024
Reserve Price: R550 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)

1082sqm Vacant land, close to the sea in Lamberts Bay. The plot can be subdivided into
Three ervens. Bonus opportunity: – there is an old, neglected building on the plot and municipality. Plans are available to restore the existing building on request.

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 property’s 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.