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URGENT LIQUIDATION AUCTION 2 LARGE INDUSTRIAL PROPERTIES LOCATED IN NORTHERN KWAZULU NATAL INDUSTRIAL PROPERTY AUCTION IN PIETERMARITZBURG, KWAZULU-NATAL AUCTIONED BY PETER MASKELL AUCTIONS CC

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PIETERMARITZBURG - INDUSTRIAL PROPERTY, INVESTMENT PROPERTY

URGENT LIQUIDATION AUCTION 2 LARGE INDUSTRIAL PROPERTIES LOCATED IN NORTHERN KWAZULU NATAL - THIS AUCTION HAS CLOSED

DESCRIPTION:

OBO the Liquidators of DH Machine Manufacturing (Pty) Ltd (in liquidation)

Timed online Auction through our Auction Mobility app: https://bidlive.maskell.co.za/ - Bidding starts on 17 April 2024 commencing at 10h00 & closes *From 10h00, 18 April 2024.

FEATURES:

Dundee properties include:

The property comprises of 3 adjoining erven & is set away from the main thoroughfares

• Portion 3 of Erf 5365 Dundee: 4,5828 ha

• Erf 3280 Dundee (Extension 15): 2,9888 ha

• Erf 3281 Dundee (Extension 15): 2,2352 ha -

The stands feature an office block; weighbridge office; ablutions and storage facilities; warehouse; storeroom; substation building; storeroom; security office & 2 carports. Further site improvements: electric fencing; raised platform and concrete yard area. There is approximately 4ha available for future development.

Newcastle properties include:

• Erf 706 Newcastle: 4026sqm

• Erf 707 Newcastle: 1188sqm

• Erf 3775 Newcastle: 62.4999ha -

The property comprises of 3 adjoining erven. The site is set between the industrial are of Newcastle and the N11. The properties are improved by various improvements, which comprise of mainly accommodation and offices. Other improvements include manager’s houses, offices and a clinic. There is approximately 62ha available for future development. 

Terms:

- 10% deposit 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

- *Bidding is subject to Automatic staggered times

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