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Sea Cow Lake, Sea Cow Lake, Durban Central, KwaZulu-Natal
R 1 532 850
Build your future on this prime redevelopment opportunity.Going on Auction: Wednesday 30 September 2026Reserve Price: R380 000.00. All offers will be reviewedNon-refundable 10 commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer Payable by the buyerRare redevelopment opportunity in a sought-after central location.This prime parcel of land presents an exceptional redevelopment opportunity and is ideally suited for investors, developers, or discerning buyers looking to create a bespoke residential project. The property currently comprises three uninhabitable dwellings that are ready for demolition, offering a blank canvas on which to design and build a dream home or pursue a new development venture. Conveniently located in a well-established area with easy access to shops, schools, and medical facilities, the property combines excellent accessibility with outstanding potential. Please note: This is a Late Estate sale and is subject to the approval of the Master of the High Court. The sale will be subject to a suspensive condition relating to such approval.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 propertys 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. Show more Show less
Estimated monthly repayment
R 14 475
on a R 1 379 565 bond over 20 years at 11.25%
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Sea Cow Lake, Sea Cow Lake, Durban Central, KwaZulu-Natal
Listed by
Tebogo Smith
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