Industrial Vacant Land On Auction

Bidding opens at R7,000,000

ONLINE AUCTION

Bidding Start Time: Wednesday 24 April 2024 @ 09:00

Bidding End Time: Thursday 25 April 2024 @ 14:30

Registration is essential by Monday 22 April 2024.

Pre-Auction Offers may be considered. Auction Finance Available.

For more information, please contact the listing agent.

DESCRIPTION:

Massive ZONED INDUSTRIAL (GI1) land going on auction in Philippi.

This 31 214m² vacant site is perfect for storage, an industrial park, a warehouse, distribution, or a church.

Land Description:

Erf number:  20858

Location:  Rochester Road, Philippi

Erf size :  3 hectares /31 214m²

Zoning: General Industrial 1

Further information on request

Surrounding Businesses:

• Agri-Protein is on Rochester Rd adjacent to the land.
• Marley Roofing is situated directly across Rochester Rd.
• Peninsula Drums adjacent to our land.
• Philippi Metro Police closely proximate to the land.
• Philippi East is ideally located as it is virtually adjacent to the airport, which means it can offer unique value for businesses e.g., air transportation; agri-processing; distribution; etc; including easy access to the N2 and R300.
• One can approach Philippi through airport industrial.
• Philippi is an enormous area, bound by Lansdowne Rd, in the north, and the railway line in the South.
• It is made up of some 7 wards and multiple neighbourhoods therein.
• Philippi East – a broad phrase for areas east of New Eisleben Rd, and east of Stock Rd up until Mandalay (an adjacent suburb).
• New Eisleben and Stock Rd are large arterial roads that run north (from Lansdowne) south to the train line and Mitchells Plain.
• The population in Philippi is 200,603 people which is rapidly growing. The population is diverse but predominantly Xhosa.

Pre-Auction offers may be considered.

VAT to be charged on the purchase price.

DETAILS:

• Erf no:  20858, Philippi
• Erf size:  31 214m²
• Rates:  TBC
• Zoning:  General Industrial 1

Web Ref:  708870

VAT Applicable

PAYMENT TERMS:

2.5% Deposit & 10% Auctioneers Fee (excl. VAT on fee), payable on the fall of the hammer by means of EFT only.  Balance payable on Transfer.

Shameer Isaacs | 081 759 8302 | 021 425 8822 | [email protected]

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: [email protected]