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INVESTMENT OPPORTUNITY IN KZN

Web Reference : 1616

Masters Reference : D54/2024
Matter : STAM HILL PROPERTY (PTY) LTD (IN LIQUIDATION)

Auction Type : Simulcast
Date: Thu 31-Oct-2024 @ 11:00
Contact Person(s): Keith 031 512 5005 / 082 312 6244

Location: Units 1,2,3,4,5,6,7,8 SS ESSERTON 64 College Road Pietermaritzburg | Pietermaritzburg | KwaZulu-Natal
Reg Fee : ZAR 15000
Viewing : Saturday 26th and Sunday 27th From 11am to 2pm

Terms and Conditions : Click Here


NOTE: All bidders to register online

Registration Deposit to be paid before 15h00, 30th October 2024
Registration Deposit R15 000 - Banking Details are attached
Reference: Your name and ref 1616
Proof of Deposit to be emailed to: lindam@parkvillage.co.za



A double story building comprising 4 shops and 4 Residential apartments,
Parking bays and garages

Ground Level
4 shops previously utlised as a Bottle Store, a Laundromat, a Mini Market and a Video Shop

Upper Level
4 residential apartments comprising:

Flat 3 3 Bedrooms, Lounge, Kitchen,1 Bathroom, 1 Toilet (Vacant)
Flat 4 1 Bedroom, Lounge, Kitchen, 1 Bathroom - Month to Month lease - R4500.00 pm
Flat 5 2 Bedrooms, Lounge, Kitchen, Bathroom - Month to Month Lease - R4900.00 pm
Flat 6 2 Bedrooms, Lounge, Kitchen, 1 Bathroom, 1 Toilet - Month to Month Lease - R4500.00 pm

Annual Residential Rates:

Section 1 105 sqm R6 440.00
Section 2 54 sqm R5 152.00
Section 3 198 sqm R7 567.00
Section 4 187sqm R7 567.00
Section 5 105 sqm R6 440.00
Section 6 54 sqm R5 152.00
Section 7 93 sqm R6 279.00
Section 8 99 sqm R7 084.00

Total 895 sqm

Total Municipal Market Value: R4 380 000.00

Zoning: Medium Impact Mixed Use

Lot : 000A
Test Bid.

Bids do not count.
For Further Details & Bid History. Click Here
Collection : online
VAT (Lot) : 15%
Lot : 000B
Terms And Conditions
Participating Buyers - Please log into the zoom webinar to listen to the terms and conditions in real time.

For Further Details & Bid History. Click Here
Collection : online
VAT (Lot) : 15%
Lot : 001
Units 1,2,3,4,5,6,7,8 SS ESSERTON
SUBJECT TO CONFIRMATION
Prospectus Webpage
NOTE: All bidders to register online

Registration Deposit to be paid before 15h00, 30th October 2024
Registration Deposit R15 000 - Banking Details are attached
Reference: Your name and ref 1616
Proof of Deposit to be emailed to: lindam@parkvillage.co.za



A double story building comprising 4 shops and 4 Residential apartments,
Parking bays and garages

Ground Level
4 shops previously utlised as a Bottle Store, a Laundromat, a Mini Market and a Video Shop

Upper Level
4 residential apartments comprising:

Flat 3 3 Bedrooms, Lounge, Kitchen,1 Bathroom, 1 Toilet (Vacant)
Flat 4 1 Bedroom, Lounge, Kitchen, 1 Bathroom - Month to Month lease - R4500.00 pm
Flat 5 2 Bedrooms, Lounge, Kitchen, Bathroom - Month to Month Lease - R4900.00 pm
Flat 6 2 Bedrooms, Lounge, Kitchen, 1 Bathroom, 1 Toilet - Month to Month Lease - R4500.00 pm

Annual Residential Rates:

Section 1 105 sqm R6 440.00
Section 2 54 sqm R5 152.00
Section 3 198 sqm R7 567.00
Section 4 187sqm R7 567.00
Section 5 105 sqm R6 440.00
Section 6 54 sqm R5 152.00
Section 7 93 sqm R6 279.00
Section 8 99 sqm R7 084.00

Total 895 sqm

Total Municipal Market Value: R4 380 000.00

Zoning: Medium Impact Mixed Use
For Further Details & Bid History. Click Here
Collection : online
Commission : 6.00%Excl
VAT (Lot) : 15%
Accreditation:
  • Member of South African Institute of Auctioneers.
  • Member of National Auctioneers Association.
  • Member of Johannesburg Chamber of Commerce and Industry.
  • Member of Institute of Estate Agents of South Africa.
  • Level 2 Certificate in terms of the current BBBEE Framework.
  • Awarded Best Auctioneer 2018 and 2019 by Standard Bank.
  • Contact Details:
    Telephone : 011 789 4375
    Email : auctions@parkvillage.co.za

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