Liquidation auction of 5 prime development sites with sea views

Located on the South Coast: St. Michael’s on Sea, Margate
Ideal opportunity for developers & investors

OPENS: Bidding opens on 22nd March 2023 at 12h00
CLOSES: Closes *from 12h00 on 23rd March 2023
LIVE BIDDING: Via our APP - CLICK HERE!

 

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Please download and sign and complete the RULES OF AUCTION & BUYERS CARD PDF's. Proof of residence, ID & proof of payment of buyer’s card deposit is required when registering.

Liquidation auction of 5 prime development sites with sea views located on the South Coast: St. Michael’s on Sea, Margate - Ideal opportunity for developers and investors

Obo the Joint Liquidators of Central Zone Trading (Pty) Ltd (In Liquidation), Master Ref: D172/2017

AUCTION INFORMATION

The properties are located in Orange Rock Road and Crown Road, Margate:

  1. Portion 0 of Erf 2193, Uvongo, Registration Division ET, situated in the Hibiscus Coast Municipality in the Province of KwaZulu Natal in extent of 1093 (one thousand and ninety three) square meters and held under Title Deed no.: T46411/2006: 17 Orange Rocks Road, Uvongo
  2. Portion 0 of Erf 2194, Uvongo, Registration Division ET, situated in the Hibiscus Coast Municipality in the Province of KwaZulu Natal in extent of 2713 (two thousand seven hundred and thirteen) square meters and held under Title Deed no.: T45091/2006: 15 Crown Road, Uvongo
  3. Portion 0 of Erf 2197, Uvongo, Registration Division ET, situated in the Hibiscus Coast Municipality in the Province of KwaZulu Natal in extent of 843 (eight hundred and forty three) square meters and held under Title Deed no.: T5666/2006: 14 Orange Rocks Road
  4. Portion 0 of Erf 2198, Uvongo, Registration Division ET, situated in the Hibiscus Coast Municipality in the Province of KwaZulu Natal in extent of 843 (eight hundred and forty three) square meters and held under Title Deed no.: T51127/2006: 14 Orange Rocks Road, Uvongo
  5. Portion 0 of Erf 2199, Uvongo, Registration Division ET, situated in the Hibiscus Coast Municipality in the Province of KwaZulu Natal in extent of 843 (eight hundred and forty three) square meters and held under Title Deed no.: T16971/976: 13 Crown Road, Uvongo

Sale Procedure: sites will be offered individually and thereafter as a lot

 

PMA Banking Details

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

  • Sale is subject to confirmation
  • 10% deposit on purchase price on fall of the hammer
  • R50,000.00 for your buyers card
  • Pay by EFT/Bank guaranteed cheque
  • FICA to be provided
  • Occupation and possession will be on Date of Registration of Transfer

PETER MASKELL AUCTIONS CC NEDBANK                      
ACCOUNT NUMBER: 1343096103
BRANCH CODE : 198765
REFERENCE : YOUR NAME #CENTRALZONE

Strictly By EFT Payments Only. “Above Subject To Change Without Prior Notice” “E & O E”.  Proof Of Residence, Id & Proof Payment Of Buyer’s Card Deposit Is Required When Registering.

 

How To Pre-Register For Auction

We at Peter Maskell Auctioneers have a responsibility to both our clients, employees and the public at large to mitigate the spread of COVID-19, and therefore it is mandatory to pre-register for all of our auction sales.

This can be done as follows:

For property sales, contact PMA Reception to pre-register on 033 3971190 / reception@maskell.co.za.

DOWNLOAD OUR REGISTRATION DOCUMENT FROM THE LINK ON THIS PAGE

Auction Gallery

A selection of photos for this property on auction with Peter Maskell Auctioneers

Bidding Online Is Easy With Our Mobile App - Register Today & Bid On 5 Prime Sites In Margate On The Kwazulu Natal South Coast - A Fantastic Opportunity For Developers & Investors

For Further Info Contact Reception On
033 397 1190 Or reception@maskell.co.za

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