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INVESTMENT OPPORTUNITY IN KZN (Simulcast)
  • This Auction Reference : 1616 (This is NOT a payment reference. Please use your buyer number)
  • Starts Thu 31-Oct-2024 at 11:00. Registration Deposit : R15,000-00
  • Neither the auctioneer nor the seller, shall carry any duty to repair any goods sold on auction. All lots are sold "as is".
  • Please ensure you are familiar with the lot/s you intend to bid on. It is our recommendation that unless you view the lot do not bid on it
  • This catalogue is subject to change without prior notice
  • This Auction complies with section 45 of The Consumer Protection Act No 68 of 2008.
  • Park Village reserves the right to request an immediate deposit on high value items
  • This is an onsite and online auction ☜

Finance Available. Click here.
Printer Friendly Catalogue
Master's Reference : D54/2024
Reference : 1616
Auction Type : Simulcast
Instruction : Liquidation
Auction Preparation : Catalogue in preparation
Starts : Thu 31-Oct-2024 at 11:00
Ending : Closing from 11:00 on Thu 31-Oct-2024
Deposit : R15,000-00
Finance : None (Auction Finance)
Location/s : Units 1,2,3,4,5,6,7,8 SS ESSERTON
64 College Road
Pietermaritzburg
Viewing : Saturday 26th and Sunday 27th From 11am to 2pm
Contact : Keith 031 512 5005 / 082 312 6244
Terms : Click Here
Youtube (not live) :
About this Auction

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

000A
2024-10-31 11:01:30
Selling : 1050000
 
Test Bid.
Bids do not count.
( )
  • Comm :0.00 % | Fac Fee : R0 | VAT : 15%
    Location : online
    For Images and History click here
  • You will need to login and register to bid
000B
2024-10-31 11:27:18
Selling : 1150000
 
Terms And Conditions

(Participating Buyers - Please log into the zoom webinar to listen to the terms and conditions in real time.)
  • Comm :0.00 % | Fac Fee : R0 | VAT : 15%
    Location : online
    For Images and History click here
  • You will need to login and register to bid
001
2024-10-31 11:31:35
Selling : 4400000
 
Units 1,2,3,4,5,6,7,8 SS ESSERTON
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
(SUBJECT TO CONFIRMATION)
  • Comm :6.00 % | Fac Fee : R0 | VAT : 15%
    Location : online
    For Images and History click here
  • You will need to login and register to bid
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

    Unit 10 Ferndale Mews North
    Corner Oak and Dover Road
    Ferndale, Randburg
    Gauteng
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