3 x prime vacant erven in the heart of hermanus - #A-708
Investment Potential..... TO BE SOLD INDIVIDUALLY THEN AS A WHOLE
3 x Erven with Different Zoning allows one to develop these properties with different business usages.
5 CHURCH STREET, ERF NO. 556, MEASURES 1354m² ZONED FOR SINGLE RESIDENTIAL
7 CHURCH STREET, ERF NO. 6121, MEASURES 829m² ZONED FOR BUSINESS HOLIDAY ACCOMMODATION
9 CHURCH STREET, ERF NO. 554, MEASURES 602m² ZONED FOR BUSINESS SHOPS AND OFFICES.
IF THE ERVEN ARE SOLD AS A WHOLE THE FOLLOWING WILL APPLY
THE CONSOLIDATED ERF 11018
• APPROVED BY THE SURVEYOR GENERAL
• NOT YET REGISTERED IN THE DEEDS OFFICE
• General Residential Bulk Zone II
THIS ZONING APPLIES TO THE CONSOLIDATED ERF AND NOT THE 3 INDIVIDUAL ERVEN, IF THESE PROPERTIES ARE SOLD TO INDIVIDUAL BUYERS, THESE RIGHTS WILL FALL AWAY
• ZONING NORMALLY LASTS 2 YEARS, HOWEVER THE OWNER HAS ACTIVATED THE SITE BY
A) installing a transformer with an approximate value of R500,000.00
B) demolishing the existing structures
Terms: 10% Deposit plus Auctioneers Commission on the fall of the hammer, balance on transfer
Fica Documents are required for Auctioner Registration
