AUCTION SALE OF A WELL-LOCATED INDUSTRIAL STAND IN KOMATIPOORT

PORTION 16 OF ERF 898 KOMATIPOORT EXT 4
MPUMALANGA

Description

Duly instructed thereto by the provisional liquidator, D & T Trust (Pty) Ltd in the matter of NGULULU BULK CARRIERS (PTY) LTD (In Liquidation) with Master’s Reference Number: T1793/19, we will sell by public auction on:

TUESDAY, 13 OCTOBER 2020
AT 11:00
AT PORTION 16 OF ERF 898
KOMATIPOORT EXT 4
MPUMALANGA

THE PROPERTY:

Portion 16 of erf 898, Komatipoort Ext 4, Nkomazi Local Municipality, Registration Division JU, Mpumalanga
Measuring: 1.3340 hectares

DESCRIPTION:

• No buildings exist on the property
• Palisade and steel gate surround the property

LOCATION:

Property is located in the industrial area of Komatipoort.

Auction arrows and boards will be erected.

AUCTIONEERS NOTE:

Good opportunity to obtain a well-located property on a boarded town.

All prospective buyers are advised to attend the auction. Viewing by appointment with the auctioneers or visit our webpage.

CONDITIONS OF SALE:

10% (TEN PERCENT) deposit for each 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 the auction and sale of conditions will be read out prior to the sale, terms and conditions available on request.

Normal Covid-19 rules will be applied inside the venue. Mask and sanitizer are compulsory.