INSOLVENT ESTATE ONLINE AUCTION: ± 1696M² BUSINESS / COMMERCIAL PROPERTY MAHWERELENG-A, MOGALAKWENA, LIMPOPO COMMERCIAL PROPERTY AUCTION IN MOGALAKWENA, LIMPOPO AUCTIONED BY BIDDERS CHOICE

This ±1696m² fuel station on Ptn 2 Erf 2272 Mahwelereng-A, Mogalakwena, Limpopo, is available through an insolvent estate online auction, offering an exceptional opportunity for commercial investment. The property includes four Global Petroleum pumps with no current lease agreement, providing flexibility for new operations or upgrades. Strategically located for easy access and high visibility, it is perfectly positioned to serve the local community and passing travelers. With significant potential for refurbishment or redevelopment, this property is ideal for establishing a profitable fuel retail business.

Matter:

Insolvent Estate IM Osman (Masters ref. Number: L09/2018)

Online Auction Details:

·       Bids Open: 11 February 2025 at 08:00

·       Bids Close: 12 February 2025 from 11:00

·       Viewing: At Own Leisure

·       GPS Location: -24.154839, 28.984088

·       Auction Link:  https://vr2.vortexauction.com/bidderschoice/upcoming-auctions/11295-property-insolvent-estate-auc

Terms & Conditions Of The Insolvent Estate Online Auction:

·       R20 000 refundable registration fee payable via EFT transfer.

·       FICA documents to register.

·       10% Deposit payable on the fall of the hammer.

·       8% Buyers Commission plus VAT on the fall of the hammer.

Contact:

Hennie - 082 411 6970

To register for the insolvent estate online auction; contact the office at 086 144 4242 or [email protected]

To create a profile for the online auction platform, follow this link: sign up

Property Description

Ptn 2 Erf 2272 Mahwelereng-A, Mogalakwena, Limpopo (Fuel Station)

·       Erf Extent: ± 1696m²

·       4 x Global Petroleum Pumps (No lease agreement in place)