Farm With Rental Income With Development Opportunities

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

ONLINE AUCTION

Bidding Start Time: Wednesday 30 July 2025 @ 09:00

Bidding End Time: Thursday 31 July 2025 @ 14:30

Registration is essential by Monday 28 July 2025.

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

For more information, please contact the listing agent.

DESCRIPTION:

• Perfectly positioned on new Strandfontein RD.
• Situated on the urban edge with massive residential development opportunities.
• Current with 7 rental units - Could generate excess of ±R45,000 per month or ±R840,000 per annum.
• Potential development for 30 homes or more residential and commercial units.

Pre-Auction Offers excl. Claremart fee will be considered.

DETAILS:

• Erf no:  563, Schaap Kraal
• Erf size:  13,835m²
• Rates:  TBC
• Zoning:  Agricultural

Web Ref:  752765

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.

Sanjeev Boyjoonauth | 066 054 2211 | 021 425 8822 | [email protected]

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: [email protected]