SPOA Online Auction – 4.2462 ha Investment Property in Rustenburg

Winning Bid: R1720000,00

Item condition: Used

Categories: ,

Description

Online Auction Details:

Starting Bid: R 1 200 000-00

Date: Tuesday, 3 December from 12h00 to 14h00

Viewing: By Appointment

 

Located just south of Rustenburg’s CBD and outside town borders, this 4.2462-hectare farm presents a prime investment opportunity in a developing commercial area.

 

Surrounded by other commercial and light industrial properties, it offers convenient access to the R24, connecting Rustenburg to Krugersdorp and the West Rand.

 

Previously used as a conference facility and function hall, the property is currently vacant, offering significant potential for redevelopment or future business ventures.

 

A refundable pre-auction deposit of R10,000 is required to secure participation.

 

Please note:

– A 10% deposit is required when submitting an offer.

– A 6% buyer’s commission applies on top of the final purchase price.

– The Seller/Owner is registered for VAT therefore VAT is applicable on the purchase price.

– Vacant occupation is not guaranteed.

 

To participate in the auction, please enquire with our agent and we will send you registration information.

Auction History

Auction has finished

Highest bidder was: T**o

Date Bid User Auto
December 3, 2024 2:16 pmR1720000,00T**o
December 3, 2024 2:16 pmR1700000,00a*******************a
December 3, 2024 2:15 pmR1680000,00T**o
December 3, 2024 2:15 pmR1660000,00a*******************a
December 3, 2024 2:12 pmR1640000,00T**o
December 3, 2024 2:12 pmR1620000,00a*******************a
December 3, 2024 2:08 pmR1600000,00T**o
December 3, 2024 2:08 pmR1580000,00a*******************a
December 3, 2024 2:08 pmR1560000,00T**o
December 3, 2024 2:08 pmR1540000,00a*******************a
December 3, 2024 2:04 pmR1520000,00T**o
December 3, 2024 2:04 pmR1500000,00a*******************a
December 3, 2024 2:03 pmR1480000,00T**o
December 3, 2024 2:03 pmR1460000,00J*****l
December 3, 2024 2:01 pmR1440000,00T**o
December 3, 2024 2:01 pmR1420000,00a*******************a
December 3, 2024 2:01 pmR1400000,00J*****l
December 3, 2024 1:59 pmR1380000,00T**o
December 3, 2024 1:59 pmR1360000,00J*****l
December 3, 2024 1:57 pmR1340000,00T**o
December 3, 2024 1:56 pmR1320000,00J*****l
December 3, 2024 1:56 pmR1300000,00T**o
December 3, 2024 1:55 pmR1280000,00J*****l
December 3, 2024 12:58 pmR1260000,00T**o
December 3, 2024 12:58 pmR1240000,00a*******************a
December 3, 2024 12:37 pmR1220000,00T**o
December 3, 2024 12:02 pmR1200000,00a*******************a
December 3, 2024 12:00 pmAuction started