AUCTION - "THE KLOOF" RESIDENTIAL DEVELOPMENT, JOUBERTINA, LANGKLOOF

Auction results 
This property fetched R 5 500 000 plus comm on auction.
Higher offers ends on 8 February 2023 @ 12:00 noon.
For more information, contact Daniel 083 255 4245

Duly instructed by the owners, we will sell by PUBLIC AUCTION

The KLOOF residential development – Joubertina

Date: Fri, 3 February 2023 @ 11:00

Venue: At R62 Roadhouse restaurant and online

Please click on the link to view the AUCTION BROCHURE: THE KLOOF AUCTION BROCHURE

Summary preliminary details
• Established income generating investment opportunity ±R 70 000 pm
• Further development opportunities
• Secure residential complex with 16 units
• In extent ±4 hectares

This property, measuring ±4 hectares, is already improved with 16 residential units varying in size and composition. The rental income stream of ±R 70 000 pm offers the developer the rare opportunity of gaining a return on investment whilst expanding the extensive development potential.

Joubertina, located on the R62 connecting the Eastern and Western Cape via the Little Karoo offers countryside charm within a strong farming community. Geographically, the town is located ±175km from George, ±185km from Oudtshoorn, ±100km from Humansdorp and ±170km from Gqeberha (Port Elizabeth).

The auction will take place on-site, as well as via webcast facility.

More info to follow.

Enquiries

Daniel van Schalkwyk (Auctioneer) 083 255 4245