WESTBROOK DEVELOPMENT- Weltevreden Drive- Westgate - Mitchells Plain

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

ONLINE AUCTION

Bidding Start Time: Wednesday 29 January 2025 @ 09:00

Bidding End Time: Thursday 30 January 2025 @ 14:30

Registration is essential by Monday 27 January 2025.

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

For more information, please contact the listing agent.

DESCRIPTION:

Please note that the price indicated on this advert stipulates the opening bid not the price.

WESBROOK DEVELOPMENT

Never to be repeated. With a Massive Shortage of Affordable Housing in the Western Cape.

Huge demand for the end product!

Unique opportunity to secure an approved turnkey development project consisting of 620 Erven.

Opportunity to do plot & plan development in Mitchells Plain / Westgate area with the development name “WESTBROOK DEVELOPMENT”.

WESTBROOK DEVELOPMENT IS SPREAD OVER 20 HECTARES CONSISTING OF:

• 620 Individual erven
• 2 Large parks
• A creche / early childhood development centre
• A place of worship
• Electricity substation
• Public parking area
• A biodiversity corridor

ALL PLANS AND APPROVALS AVAILABLE UPON AN NDA BEING SIGNED.

DETAILS:

• Erf no:  644, Schaap Kraal
• Erf size:  207,513m²
• Rates:  ±R22,888.85 per month
• Zoning:  Agricultural

Web Ref:  708874

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.

Sanjeev Boyjoonauth | 066 054 2211 | 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]