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Live Auction Of Multiple Investment Properties Around Gauteng, Western Cape & Kwazulu Natal - South Africa #166

Live Auction, Started: 23 Feb 2016 2:00 AM PST

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By order of the RG Group of Companies, Delta Property Fund Limited & Scaw Metals (Pty) Ltd
Live auction of multiple investment properties around Gauteng - South Africa #166 - featuring tenanted retail building with residential block, commercial & secure industrial properties situated around Cape Town, Durban, Johannesburg & Pretoria
Featuring:
General description
Lot 1. Fully Let Investment Property – Pretoria
Vonkprop Street, Samcor Park, Silverton
  • 2 storey secure warehouse & office facility (GLA:3960m²)
  • Zoning: Special (for commercial purposes)
  • High security, Blue chip tenant
  • Estimated annual rental income: R4mil (2 tenants)

For locality of the property, click here

Lot 2. Fully Let Investment Property- Cape Town
Cnr Jeripiko & van Riebeeck Street, Saxenburg Park 2

  • 2 storey secure warehouse & office facility (GLA: 5744m²)
  • Zoning: General Business 1
  • High security, Blue chip tenant
  • Estimated Annual Rental Income: R2.8mil (1 tenant)

For locality of the property, click here

Lot 3. Secure Commercial & Industrial Facility - Durban

Bellair Cliff Crescent, Edwin Swales Business Park

  • 3 storey secure commercial & industrial facility (GLA: 4365m²)
  • Zoning: General Business 2
  • Vacant, perfect for owner occupier

For locality of the property, click here

                     


Lot 4. 557 Steve Biko Road, Gezina, Pretoria

  • Large retail premises (GLA 1020m²) & 8 residential units
  • Zoning: Business 1
  • Investment opportunity, tenanted
  • Estimated Annual Rental Income: R750k 

For locality of the property, click here

Lot 5. Section 1 of 280 Kent Avenue, Ferndale

  • Ground floor office space - 311m² plus 8 parking bays & 2 storerooms
  • Zoning: Special
  • Close proximity to SARS, Land Claims Court & Department of Labour
  • Vacant, perfect for owner occupier

For locality of the property, click here

Lot 6. Portions 27 & 28 (a Portion of Portion 10) of the farm Klipplaatdrift 601, RD I.Q., Gauteng

  • Prime Industrial Site in Duncanville – (24,280m² In total)
  • Zoning: Industrial
  • Fully secured, electrified fencing, automated gate, boom & guard office

For locality of the property, click here

Lot 7. Erf 703, South Germiston Ext 7, Gauteng

  • Vacant Land – 12,765m²
  • Zoning: Industrial 1
  • Situated along Jan Pienaar Street, Industries East, Germiston

For locality of the property, click here

 


Auction notes:
14% VAT is applicable to the buyer's premium and purchase price
Notice to purchasers:
Buyers premium: 10%   
Lots 1 to 3 – 5%

Lots 4 & 5 – 10%

Lots 6 & 7 – 4%

VAT/Tax: 14%
Inspection details: For more information, contact Donovan Dalton on 072 591 8882 (For Lots 6 & 7 only)
Payment type: Wire Transfer
Additional notes: This auction is governed by the Consumer Protection Act – Act 68 of 2008 (South Africa), and further reference to the Act and the regulations can be downloaded here.
Consumer Protection Act 68 of 2008

Consumer Protection Act 68 of 2008 - Regulations

The Bidders attention is drawn to the following:
  • The Rules of Auction can be found under the downloadable documents tab
  • The property will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the property prior to the auction.
  • The Sale of the Property is non-suspensive and not subject to any feasibility or any other condition required by the buyer.
The Sale by auction is subject to
  • Lots 1 to 3 (All prices achieved on auction are subject to confirmation until close of business, 26 February 2016)
  • Lots 4 & 5 (All prices are subject to a reserve or upset price)
  • Lots 6 & 7 ( All prices are subject to a reserve or upset price)
  • All prospective bidders must register prior to the auction and such registration requires proof of identity and residence (FICA) as contemplated in regulation 26;
  • The completed registration form together with the supporting documents must reach us 48 hours prior to the auction in order to perform the necessary credit checks. Registration form can be downloaded under “downloadable documents” on your right
  • R25 000 refundable deposit may be payable by a bank guaranteed cheque or Electronic Fund Transfer (EFT). Kindly provide proof of deposit.
  • The auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of third parties
  • The Auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of seller but, if on behalf of the seller, not at or in excess of the reserve price

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Currency: South Africa Rand
Auctioneer: GoIndustry DoveBid S.A. (Pty) Ltd.
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Event Closed
Downloadable Documents
Related Sales
Event Information
Location: Auction Venue: The Venue, 17 High Street, Melrose Arch, Johannesburg
For locality of the property, click here

Started: 23 Feb 2016 2:00 AM PST

Contact Details
Contact: Donovan Dalton
Telephone: +27 72 591 8882
Contact: Kim Faclier
Telephone: +27 21 702 3206
Shipping Information
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