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POA

Commercial Property On Auction in Kuils River South

2 Chapel Street, Kuils River South, Kuils River

7 127 m²
- m²: 7 127 m²
- Hectares: 0.713 ha
- Acres: 1.761 acres

AUCTION

Contact Broker

Shameer Isaacs

Show Contact Number

Approved Development Site

ONLINE AUCTION

Bidding Start Time: Wednesday 26 February 2025 @ 09:00

Bidding End Time: Thursday 27 February 2025 @ 14:30

Registration is essential by Monday 24 February 2025.

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

For more information, please contact the listing agent.

Description:

plans approved for 98 units.

These types of opportunities do not come around often. This sizable vacant stand has approved site development plans.

Geared towards student accommodation, the site plans consist of 98 units with 414 beds.

There is a massive shortage for student accommodation in the Western Cape. 15 minutes/7.8kms to the University of the Western Cape and 16 minutes/ 8.1 kms to Cape Peninsula university of Technology.

The site is also located in the high-demand area of Highbury, Kuils River. Affordable housing will be ideal for this...

ONLINE AUCTION

Bidding Start Time: Wednesday 26 February 2025 @ 09:00

Bidding End Time: Thursday 27 February 2025 @ 14:30

Registration is essential by Monday 24 February 2025.

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

For more information, please contact the listing agent.

Description:

plans approved for 98 units.

These types of opportunities do not come around often. This sizable vacant stand has approved site development plans.

Geared towards student accommodation, the site plans consist of 98 units with 414 beds.

There is a massive shortage for student accommodation in the Western Cape. 15 minutes/7.8kms to the University of the Western Cape and 16 minutes/ 8.1 kms to Cape Peninsula university of Technology.

The site is also located in the high-demand area of Highbury, Kuils River. Affordable housing will be ideal for this site.

Further information and plans on request.

PRE-AUCTION offers may be considered.

DETAILS:

• Erf no: 24022, Kuils River

• Erf size: 7127m²

• Zoning: Single Residential 1

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.

REGISTRATION REQUIREMENTS:

To bid at the auction you need to provide a copy of your identity document and current proof of residence (not older than 3 months) as well as a R20,000 refundable registration fee.

DISCLAIMER:

The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.

The Claremart Group is a leader in commercial and residential properties. We attract huge crowds to our auctions and consistently match and exceed the mandated price on properties sold under our hammer.