Properties on Auction
on 6 August 2020
Virtual Online Auction

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Prime Development Site - Protea Glen

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Address:

Orange Street,

Suburb:

Protea Glen Ext 20

Province:

Gauteng

Country:

South Africa

Web Ref:

108721

Description:

2 Adjacent vacant erven totaling 7.2814 ha
Located in Protea Glen Ext 20
Zoned: Educational and serviced to the boundary

Please note that Residential development is allowed as a Secondary right in terms of the current zoning. Depending on the nature and density of the residential development that the Purchaser may want to develop, he may choose to rezone the property after transfer.

Erf 20827 measures 4.4825 ha
Erf 20839 measures 2.7988 ha
Zoning allows for coverage of 70%, height of 3 storeys and Bulk factor of 0.2
Both erven are to be sold as 1 lot or 2, subject to both being sold
Easily accessible from the R559 freeway

Please note that we can sell the 2 erven separately subject to both erven being sold.
Erf 20827 measures approx. 4,5ha - Opening Bid - R2 million
Erf 20839 measures approx. 2,8ha - Opening Bid - R1 million