Insolvency Auction La Lucia Property
Enjoy Coastal Living With Great Sea Views

Register & Bid With Our Mobile App 21st July 2026 From 10h00

Tuesday, 21st July 2026 commencing at 10h00
Staggered *from 10h00 on Wednesday, 22nd July 2026

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Peter Maskell Auctioneers - Insolvency Auction Charming Coastal Living With Sea Views

On behalf of the Provisional Trustees of the Insolvent Estate: Insolvent Estate: Razeed Family Trust, Master’s Reference Number: D000124/2025

SOUGHT AFTER LA LUCIA, DURBAN IS CALLING YOUR NAME!

A charming and well-positioned double-storey sectional title coastal residence extending to approximately 139 m², enjoying attractive sea views and forming part of the established and sought-after La Lucia Shores residential complex.

The improvements comprise a well-constructed duplex unit built under pitched and tiled roofing with brick and plaster external walls, reinforced concrete flooring and all associated residential improvements and ancillary structures.

The ground floor accommodation, as depicted on the available plans, consists of an entrance hall, spacious lounge, separate dining room, kitchen, cloakroom, internal staircase, covered porch, patio and enclosed courtyard/service area, designed to accommodate comfortable indoor-outdoor coastal living and entertaining.

The upper level appears to provide multiple bedroom accommodations together with bathroom facilities and associated passage and landing areas. Available information and plan interpretation indicate the unit is configured as a three-bedroom residence; however, the exact internal layout and positioning of all bedroom accommodation could not be physically verified at the time of compilation.

Additional improvements include garage accommodation within the sectional scheme, paved access areas, stormwater drainage infrastructure, sewer reticulation, rainwater goods, service ducts and all usual ancillary residential improvements associated with a sectional title coastal development.

The property benefits from a practical family-oriented layout, generous living areas and appealing coastal character, making it well suited for permanent residential occupation within a secure residential environment.

No short-term or holiday letting, including Airbnb, B&B or similar accommodation usage, is permitted in terms of the scheme rules.

For more info contact Danielle 033-397-1190 or email reception@maskell.co.za

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PMA Banking Details

Payment for our buyer's card requirement can be made into the following bank account.

  • Buyers card deposit: R50,000.00
  • Pay by EFT ONLY!
  • FICA to be provided
  • Bidding subject to Automatic staggered ending times
  • 10% deposit on purchase price payable by successful bidder on fall of hammer
  • 10% + vat Auctioneer’s commission payable by successful bidder on fall of hammer

PETER MASKELL AUCTIONS CC NEDBANK                      

Account number : 1343096103
Branch : 198765
Reference : your name #LLS

Property Auction - Photo Gallery

A selection of photos for this auction from Peter Maskell Auctioneers

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