Retirement development opportunity in Wellington.

Retirement development opportunity in Wellington.

Retirement development opportunity in Wellington.

Exclusive estate on 6.6H with magnificent views, ear marked to be developed into a 104 Sectional title homes, 160 Assisted living apartments and 12 Frail care rooms.

Desktop Valuation – Market Value: R39.8M Forced sale: R25.5M

OUR AUCTION RESERVE – R20M – THIS MUST BE SOLD!!!

This magnificent piece of land is situated in Wellington, Western Cape and overlooks the Cederberg Mountain range. Wellington’s economy centered on wine, table grapes, deciduous fruit, olives and the brandy industry. The town is located 75 kilometers north-east from Cape Town.

Starting bid: R20,000,000.00

Item condition: New

Time left:

Auction ends: Aug 27, 2022 12:00 am
Timezone: UTC +2

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