AUCTION OF PRIME INDUSTRIAL UNITS (ADJOINED) WITH EASY ACCESS AND ROAD FRONTAGE ONTO ALUMINA ALLEE STREET, RICHARDS BAY INDUSTRIAL PROPERTY AUCTION IN PIETERMARITZBURG, KWAZULU-NATAL AUCTIONED BY PETER MASKELL AUCTIONS CC

Section no’s. 10 & 11 of SS Ber-mart Park in extent of 232m² and 380m² respectively, SS 415/1998: 96 Alumina Allee Street, Alton Ext. 28, Richards Bay

Timed Online Auction Details

Bidding Opens on Tuesday, 26th March 2024 commencing at 10h00 and closes *From 10h00, Wednesday, 27th March 2024 - Venue: https://bidlive.maskell.co.za/

*Online Auction Notes:

• If a lot receives a bid within the last 10 min. it will remain open for an additional 10 min • If any further bidding occurs, the extension timer will reset to 10 min • If no further bidding activity occurs, the lot closes when the timer runs out.

The improvements on the property comprise of two sections that have been joined by the removal of the adjoining wall. The sections comprise of a light framed steel portal structure cladded in a combination of brick and IBR sheeting. The property has reinforced concrete floors and fluorescent lighting. The unit is serviced by a small office area, change rooms and ablutions. Vehicular access to the units is provided by large galvanised doors. 

The Purchaser acknowledges, in that event, that the property may be occupied by the registered owner/s or persons who claim occupation under the registered owner/s or by persons unknown to the Seller or the Auctioneer. The Seller and the Auctioneer does not warrant or represent to the Purchaser that on the date upon which the Purchaser is entitled to occupation that the Purchaser will secure vacant occupation of the property.

Terms: R50 000 buyer's card deposit payable by EFT • 10% deposit & 6% + vat agent’s comm. on purchase price payable by successful bidder on fall of hammer • FICA to be provided • “Above subject to change without prior notice • Sale subject to confirmation • E&OE *Automatic staggered ending time: if a lot receives a bid within the last 10 min, bidding will remain open for an additional 10 min - If any further bidding occurs, the extension timer will reset to 10 min - If no further bidding activity occurs, the lot closes when the timer runs out.