AUCTION OF PRIME NORTHERN NATAL PROPERTIES LOCATED IN DUNDEE AND HATTING SPRUIT RESIDENTIAL PROPERTY AUCTION IN PIETERMARITZBURG, KWAZULU-NATAL AUCTIONED BY PETER MASKELL AUCTIONS CC

Duly instructed by the Liquidators of Coinit Trading Pty Ltd, Master's Ref.: N000252/2019

Auction details: Bidding opens: Wednesday, 20^th July 2022 commencing at 12 noon (midday) -- Bidding closes: from* 12 noon (midday) Thursday, 21^st July 2022 

(1) Erven 1304 and 1307 Dundee ,Registration Division GT in the Endumeni Local Authority, Province of Kwazulu-Natal in an extent of 1119sqm and 1119sqm respectively and known as 27 Cuthbert Street, Dundee, Kwazulu-Natal held under Title Deed Number: T27710/2019

Freestanding residential property that is improved by single storey dwelling with outbuildings

Main Dwelling

The main dwelling is single storey constructed of plastered and painted brick under IBR roofing and comprises 2 lounges, one with fireplace, kitchen, 2 bedrooms main being ensuite with Shower and toilet and bathroom with bath, wash-hand basin and toilet.

Outbuildings

The outbuildings comprise of the following:

a) Outside toilet

b) Rondavel with en-suite

c) Outbuildings with 2 rooms and ablution facilities

Site Improvements

Site improvements include the following:

Swimming pool (in need of repairs)

Boundary fencing

(2) Erf 89 Hatting Spruit, Registration Division GT in the Dannhauser Municipality, Province of KwaZulu-Natal in an extent of 8631sqm held under Title Deed Number: T32654/2018

The property comprises of an unimproved vacant stand

(3) Erf 90 Hatting Spruit, Registration Division GT in the Dannhauser Municipality, Province of KwaZulu-Natal in an extent of 1.2189ha held under Title Deed Number: T1871/2019.

The property comprises the following improvements:

Large awing with concrete floors

Outbuilding

(4) Erf 92 Hatting Spruit, Registration Division GT in the Dannhauser Municipality, Province of KwaZulu-Natal in an extent of 1.6818ha held under Title Deed Number: T36552/2018

The improvements comprise of the following: -

A block under IBR roofing improvement that is currently under construction comprising of two semi-detached blocks joined by a carport

The improvements are currently being renovated to incorporate numerous flatlets with ablutions, as well as a larger unit with a large entertainment area.

Outbuilding comprises of a small ablution facility that services the pool area