Lot 3 general Online

Erf 11634 - Despatch

Online Auction - 3 Vacant Stands - Despatch - Eastern Cape

Status Ended
Auction 12 September 2023

Auction status

Ended

Erf 11634 - Despatch
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Description
Upcoming Auction Event: Superb Development Prospect on Erf 11634, Despatch

We invite you to mark your calendars for the esteemed auction event scheduled on the 13th of September. Erf 11634 is an expansive vacant stand located in Despatch, this event presents a remarkable opportunity for astute developers and investors.

Encompassing an extensive 1.1876 hectare, this property offers an impressive canvas for visionary development pursuits. Zoned as Residential 3, the potential of this land is poised for transformation into a vibrant residential haven.

This auction event unveils a rare chance to actualize your development aspirations, with the prospect of erecting an impressive 32 residential units on this prime parcel. The canvas is yours to craft, and the groundwork is set for your vision to materialize.

Strategically situated in a sought-after locale, this vacant stand signifies the convergence of space, potential, and innovation. The carefully selected zoning classification provides a solid foundation for a range of residential possibilities.

All architectural and civil drawings have been completed whereon it proposes 32 erwen for this land. A SDP and municipal electricity are available for this development. All 32 erwen have erf numbers and thus the property is read for the discerning developer to start building. The main sewer line is in place and all 32 erwen can connect to the main line. The area is also fibre ready with the main fibre line installed on the roadside. 

The 13th of September marks a pivotal moment to engage in an auction event that echoes opportunity, innovation, and growth. Join us as we present the gateway to your future development success on Erf 11634.

For inquiries, registration, and comprehensive details, our dedicated auction representatives are at your disposal. Don't miss the chance to shape the landscape of Despatch's residential offerings by claiming this exceptional development canvas.




Commercial Property Details

Commercial Details

Stand Size
1.1876 Hectares
Zoning
Residential 3
Street
6 Paul Roos Street
Suburb
Campher Park
City
Despatch
Erf Number
11634
Title Deed
T9252/2019
Municipal Valuation
R1,100,000.00 (2022)
Monthly Rates
R2,623.00