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POLOKWANE - RESIDENTIAL PROPERTY, DEVELOPMENT PROPERTY, INVESTMENT PROPERTY

RESIDENTIAL DEVELOPMENT OPPORTUNITY IN PENINA PARK - THIS AUCTION HAS CLOSED

DESCRIPTION:

Residential Development Opportunity In Penina Park

THURSDAY, 19 JUNE 2025 AT 11:00

LOCATION: 5 SHINGWEDZI STREET, PENINA PARK, POLOKWANE

Don't miss out on this rare opportunity to secure a high-potential residential development at auction!

For more information click here.

CONTACT: Stephen Van Der Spek - 082 558 3525 / 015 287 3300

CONDITIONS OF SALE
15% (FIFTEEN PERCENT) deposit for the property on day of the auction and the balance to be paid in cash or acceptable guarantees to be delivered within 45 (FORTY-FIVE) days after date of confirmation, confirmation within 14 (FOURTEEN) days after date of sale.  The rules of auction and sale conditions will be read out prior to the sale, terms and conditions available on request.


 

BUYER REGISTRATION

All potential buyers can register in advance by emailing [email protected] or on the day of the auction at the venue. We reserve the right to cancel the auction without notice. 

FEATURES:

PROPERTY:

Erf 355, Penina Park Extension 1, Registration Division LS, Polokwane Local Municipality, Limpopo
Measuring: 2045-m²

DESCRIPTION:

    • Nine (9) x two-bedroom units: Partially built
    • Unoccupied for approximately three (3) years
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