Development Opportunity of 42 Residential Units - George, Western Cape
Important Info
R Costing
| Registration Fee: | R50,000 |
|---|---|
| Refundable Deposit: | 10% of the full purchase price as a deposit |
Info Pack
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Prime development opportunity! Development of 42 residential units over 5 storeys & basement - George, Western Cape
ONLINE BIDDING OPENS: 12:00 ON TUESDAY, 25 NOVEMBER 2025
ONLINE BIDDING CLOSES: 12:00 ON WEDNESDAY, 26 NOVEMBER 2025
AUCTION OF: 75 VICTORIA STREET, GEORGE, WESTERN CAPE
Auctioneers Note:
Great development opportunity for residential flats within the CBD and walking distance for public transport.
Property description:
Erf 15098, Registration Division George RD, George, Western Cape
Vacant Stand:
Extent: 1 228 m²
Potential Development:
GLA: ± 3 600 m²
- Ideal for Residential Flats.
- Approved plans consists of five floors containing a total of 42 flats and basement parking.
Zoning: General Residential Zone IV (e.g flats, backpackers lodge, boarding hostel, retirement resort etc.)
Property Address:
75 Victoria Street, Dormehls Drift, George, Western Cape, South Africa
R50,000 registration fee, 10% deposit plus buyers commission plus Vat. Bidders to register & supply proof of identity and residence. Regulations to Consumer Protection Act: www.vansauctions.co.za Rules of Auction to be viewed at 36 Gemsbok Street, Koedoespoort Industrial, Pretoria. Tel 086 111 8267 | Auctioneer: Martin Pretorius
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Chanel Tame
010 040 7593Fill in for more information.
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