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Onsite Auction Of Massive Prime Industrial Property, Potchindustria, North West

Live Auction, Starts: 20 Nov 2019 4:00 AM PST

By order of the owner
Onsite auction of massive prime industrial property, Potchindustria, North West - Offering offices,  various improvements and boasting an extent size of over ±23Ha
Featuring:
General description:
Offering: (Detailed information provided in the information pack)
  • Vast amount of upmarket offices & lecture rooms
  • A large double entrance gate & newly constructed double volume canopy over the entrance gates
  • 2 weighbridges
  • Small security offices
  • Carports
  • Storerooms, laboratory & cooler room
  • Workshops
  • Storage faclities & ablution facilities
  • Newly built diesel depot: IBR canopy with steel structure, 2 x 23,000L diesel tanks & phosphoric acid storage tank farm

    Locality:
    Located on the western boundary of Potchindustria, Potchefstroom. It is located at 1 – 16 Triomf Road and occupies a complete block, between Ikageng Road to the south, and Promosa Road to the north. Entrance to the property is currently gained only from Triomf Rd.The residential area of Ikageng is located directly adjacent (west) of the property. The N12 national road is located approximately 1.2 km south of the property (via Ikageng Rd, and then Ross Street).

    For locality of the property, click here

    Executive summary:
  • Erf 240 Potchindustria Township, Reg Div: I.Q,North West Province
  • 1 - 16 Triomf Road, Potchindustria
  • Extent: ±23,0284Ha
  • To see a slide show of the property on auction, please CLICK HERE


    Auction notes:
    Please note that in order to register for the auction we require a R10 000.00 refundable registration fee proof of payment and FICA documentation.
    Notice to purchasers:
    Buyers premium: 6%   ~Deposit of 10% and Buyers Premium of 6% plus VAT immediately after the sale, balance of the purchase price on registration of transfer.
    VAT/Tax: 15%
    Inspection details: For more information, please contact Pieter Rushmer
    Payment type: Wire Transfer,
    Payment date: 21 November 2019
    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
    • 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;
    • 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: 1 – 16 Triomf Road, Potchindustria, North West, South Africa
    Starts: 20 Nov 2019 4:00 AM PST

    Contact Details
    Contact: Pieter Rushmer
    Telephone: +27 (0)83 710 7005
    Telephone 2: +27 (0)21 702 3206
    Shipping Information
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