AUCTION - SMALL HOLDING WITH POTENTIAL FOR TOWNSHIP DEVELOPMENT

Holding 103, Ivydale
0699
Polokwane

Description

AUCTION SALE OF SMALL HOLDING WITH OFFICE, RESIDENTIAL DWELLING AND 2X BROILER HOUSES WITH POTENTIAL FOR TOWNSHIP DEVELOPMENT, POLOKWANE, LIMPOPO

Duly instructed thereto by our client, we will sell by public auction on:

THURSDAY, 28 MARCH 2019
AT 10:00
AT HOLDING 103, IVYDALE
LIMPOPO

THE PROPERTY:
Holding 103, Ivydale Agricultural Holdings Extension 1, Registration Division LS, Limpopo - Measuring 3.9322 hectares

IMPROVEMENTS:
Dwelling - 3 bedrooms, 2 bathrooms, lounge, dining room, kitchen, scullery, double garage, swimming pool, established garden.
Office - 3x enclosed offices, 1 open plan office, kitchen, ablution.
Outbuildings - ± 15 carports, 2x storerooms, generator room with generator
Other - 2x Broiler houses (1400m² each) (± 30 000 chickens per house) environmental controlled with automated feeding system, equipped borehole, cement reservoir/dam, security fence, chicken pen (cash sales), Eskom power

LOCATION:
This property is located approximately 2km south of the CBD on the corners of Kidds Drive and Ridge Road. Access is via Church Street (Chuenespoort), turn right on Kidds Drive, property 2 blocks up on the right.

AUCTIONEERS NOTE:
This is an ideal opportunity to acquire a productive agricultural holding currently in production with 2x broiler houses accommodating ± 30 000 chickens each with excellent potential for further township development.

The location of this property makes it to be very sought after and not an opportunity to be missed by any investor or developer.

Auction boards and route markers will be erected. Viewing by appointment with the auctioneers or on the day of the auction.

CONDITIONS OF SALE:
10% (TEN PERCENT) deposit on day of the auction and the balance to be paid in cash or acceptable guarantees to be delivered within 30 (THIRTY) days after date of confirmation. Confirmation within 7 (SEVEN) 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.

The auctioneers reserve the right to withdraw the property before the auction without prior notice.

All potential buyers to register before the auction and proof of identity and residential address are required.