Prime Development Opportunity: 22 177m² Vacant Land For Sale In Mitchell's Plain

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

ONLINE AUCTION

Bidding Start Time: Wednesday 27 November 2024 @ 09:00

Bidding End Time: Thursday 28 November 2024 @ 14:30

Registration is essential by Monday 25 November 2024.

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

For more information, please contact the listing agent.

DESCRIPTION:

Seize the chance to develop in one of Cape Town's growing communities. This 22,177m² vacant plot in the heart of Mitchell's Plain offers endless potential for developers and investors ready to take on a large-scale project.

Property Highlights:

• Expansive space: Ideal for substantial residential projects with ample room for development.
• Prime location: Nestled in a well-established, and ever growing community, making it attractive for future residents.
• Excellent  connectivity: Easy access to main roads and public transport, simplifying commutes for potential occupants.
• Nearby amenities: Close to schools, shopping centers, and essential services, enhancing convenience for residents.
• Proposed Development Plans: Potential to develop 152 apartments, with zoning nearly 90% complete for a streamlined process.

This property represents a rare opportunity to create a residential haven in a rapidly expanding area. Don’t miss out on this exceptional development potential.

Contact us today to arrange a viewing or for more information.

DETAILS:

• Erf no:  787-67, Cape Road
• Erf size:  22177m²
• Rates:  TBC
• Zoning:  Agricultural

Web Ref:  730083

Transfer Duty 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.

Eduardo Silveira | 072 575 4273 | 021 425 8822 | [email protected]

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

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: [email protected]