AUCTION SALE OF A BIG INDUSTRIAL STAND IN PHALABORWA

ERF 2023, PHALABORWA EXT 5
POLOKWANE

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:

WEDNESDAY, 14 OCTOBER 2020
AT 11:00
AT ERF 2023, PHALABORWA EXT 5
LIMPOPO

THE PROPERTY:

Erf 2023 Phalaborwa Ext 5, Ba-Phalaborwa Local Municipality, Registration Division LU, Limpopo
Measuring: 4.0850 hectares

DESCRIPTION:

Vacant stand

LOCATION:

The property is located in extension 5 of Phalaborwa, the large industrial area towards Namakgale

Auction arrows and board will be erected.

AUCTIONEERS NOTE:

Good opportunity to obtain a well-located industrial stand.

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.