NORTHAM ONLINE AUCTION: APPROVED TOWNSHIP - LIMPOPO RESIDENTIAL PROPERTY AUCTION IN NORTHAM, LIMPOPO AUCTIONED BY BIDDERS CHOICE

Northam Limpopo – Online Auction: Approved Township Hlogoyatau

Northam Online Auction details:

·        Auction Open: 05 November 2024 at 08:00am

·        Auction Close: 14 November 2024 from 11:00am

·        Viewing: By appointment only

·        Contact: 082 808 1801 or 0861 44 42 42

Video Link: https://www.youtube.com/watch?v=AyypZYeFUEI

Terms & Conditions:

1. R20 000 refundable registration fee payable via EFT transfer. 
2. FICA documents 
3. 10% Deposit payable on the fall of the hammer.
4. 6% Buyers Commission plus VAT on the fall of the hammer. 

Contact:

0828081801 or [email protected]

Additional Information:

Northam, located in the Limpopo Province of South Africa, is a prominent mining town situated in the mineral-rich Bushveld Igneous Complex, renowned for its vast deposits of platinum group metals (PGMs) like platinum, palladium, and rhodium. The town’s economy is heavily reliant on the mining sector, with companies such as Northam Platinum playing a significant role in the local development. The region’s mining activities have not only attracted local and international investment but also led to infrastructure improvements, including housing, healthcare, and retail facilities, to support the growing population of mining professionals and residents.

In recent years, the expansion of mining operations has bolstered Northam’s economy, creating new employment opportunities and fostering community development. As part of sustainability efforts, mining companies have also implemented eco-friendly initiatives to minimize their environmental impact. Additionally, ongoing improvements in road networks and transportation are enhancing connectivity for businesses and workers. While the mining sector remains central to the town’s growth, there are emerging opportunities in agriculture and retail, contributing to the diversification of Northam’s economic landscape.

Property Description:

• 1479 Special residential stands (± 300m² per erf) 
• Neighbourhood centre (± 2600m²)
• City centre (± 5.5ha Retail) 
• 4 x School stands 
• 5 x Local business stands (± 1000m² each) 
• Filling station & Cemetery erf 
• 8 x Community erven 
• 11 x recreation erven 
• 1 x transformer site