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Onsite Auction Of An Industrial Building In Activia Park, Gauteng

Live Auction, Starts: 22 Oct 2019 3:00 AM PDT

Duly instructed by the business rescue practitioners representing Esor Africa (Pty) Ltd) (In Business Rescue)
Onsite auction of an industrial building in Activia Park, Gauteng -  Boasting an extent of over ±1Ha and offering a warehouse, offices, ample parking and much more…
Featuring:
General description
Featuring an industrial property improved with nine buildings with a total improvement size measuring ±5443m². It boasts a warehouse, offices, storage areas, workshops, wash bays, ablution facilities and a substantial amount of yard space. Offering 25 shade net parking bays with 11 open bays and the 24 garaged parking bays.

Locality
The property is located along Ronbex Road, Activia Park. Activia Park is located within the greater industrial node of Jet Park. Access to the subject property is considered relatively easy as Activia Road connects with North Reef Road, which in turn has direct access to Barbara Road. Barbara Road links up with the R24 which has direct access to the N1, N3 and N12 National Highways.

For locality of the property, click here

Executive summary
  • Erf 64 Activia Park City of Ekurhuleni Metropolitan Municipality, Gauteng
  • 30 - 31 Ronbex Road, Activia Park
  • ±1.3086Ha


  • To view the slide show of the industrial property: CLICK HERE


    Auction notes:
    Please note that in order to register to this auction we require; proof of payment and FICA documentation.
    Notice to purchasers:
    Buyers premium: 5%   Deposit of 10% and 5% Buyer's Premium (plus VAT) to be paid on the fall of the hammer and the balance of the purchase price shall be paid within 30 (thirty) days from receipt of a written request from the transferring attorneys.
    VAT/Tax: 15%
    Inspection details: Please contact Casper Rossouw
    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 assets 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

    • 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;
    • A R10 000.00 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.
    Register at location
    View lot catalogue
    Downloadable Documents
    Event Information
    Location: 30 - 31 Ronbex Road, Activia Park, Germiston, South Africa
    Starts: 22 Oct 2019 3:00 AM PDT

    Contact Details
    Contact: Casper Rossouw
    Telephone: +27 (0)82 459 8877
    Telephone 2: +27 (0)21 702 3206
    Shipping Information
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