Going on Auction: Wednesday 28 May 2025
Reserve Price: R1 000 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Overlooking the Pennington Ski Boat Club, this prime plot offers stunning, uninterrupted sea views. Water and electricity are already connected, with approved municipal building plans for a single-story home, double garage, and pool. Located in a prestigious estate near top schools, golf clubs, and all essential amenities. Soil tests are complete, ensuring a solid foundation for development. Boundary line pegs are in place, making it ready for immediate building.
Rawson Auctions (Southern Region) are obligated by law to market the property at the
Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.
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