SEMI COMPLETE DOUBLE STOREY HOSPITALITY PROPERTY WITH 24 ENSUITE ROOMS IN SIGNAL HILL, NEWCASTLE

A UNIQUE INVESTMENT OPPORTUNITY

DATE: Tuesday, 27th February 2024 at 10h00 | Staggered from 10h00 on the 28th February 2024

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Semi Complete Double Storey Hospitality Property With 24 Ensuite Rooms: A Unique Investment Opportunity In Signal Hill, Newcastle

Duly instructed by the Receiver in the Liquidation of the Joint Estate of M.L. and A. Mchunu.

ADDITIONAL AUCTION INFORMATION

Erf 9300 Newcastle (Extension 37), Registration Division HS, Province of Kwazulu-Natal in the extent of 2130sqm and known as 49 Libra Avenue, Signal Hill, Newcastle, Kwazulu-Natal. 2 double storey buildings designed as an upmarket guest house. Guard house at the entrance gate. Swimming pool at the rear of the property.

Rear building

Ground floor and first floor: Each floor has 6 rooms, all with ensuites. 

Front building

Ground floor and first floor: Each floor has 6 rooms, all with ensuites. The front building also accommodates for a kitchen and scullery, laundry rooms, guest toilets, office area, reception area and entertainment lounge. Ample parking available.

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

Documents & Downloads

Everything you need to know for this tender all in one convenient place

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

PETER MASKELL AUCTIONS CC NEDBANK                      

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

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 movable assets, contact us to pre-register on registrations@maskell.co.za .

PLEASE NOTE THAT REGISTRATIONS WILL NOT BE PERMITTED ON THE DATE OF SALE & NO EXCEPTIONS WILL BE MADE.

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A selection of photos for this auction from Peter Maskell Auctioneers - NOTE - For a full inventory of available lots, please see our brochure under downloads above or download files you want to view from our DROPBOX

Bid To Own A Semi Complete Double Storey Hospitality Property With 24 Ensuite Rooms: A Unique Investment Opportunity In Signal Hill, Newcastle

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

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