Property Auction Gauteng: High Exposure Property With Significant Development Potential

Register & Bid With Our Mobile App 7th October 2026 From 11h00

Bidding Opens: Wednesday, 7 October 2026 at 11h00
Bidding Closes: From 11h00, Thursday, 8 October 2026

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Peter Maskell Auctioneers - High Exposure Property With Significant Development Potential

OBO the duly appointed Trustees of the Insolvent Estate: HD and RY Mukansi, Master’s Ref. No: G428/2025

Strategically Located In Gauteng

Peter Maskell Auctions presents Erf 1049 and Erf 1126 Mabopane-C, a substantial property situated within the City of Tshwane Metropolitan Municipality.

The properties extend to 482 m² and 544 m² respectively and are improved with two buildings presently utilized for commercial purposes. The valuation records a diversified tenant profile comprising eight separate occupiers across healthcare, legal, wellness, personal services, fashion and retail-related activities.

The site occupies a flat L-shaped corner position with dual frontage onto Peter Magano Road and Mmatshale Street, providing accessibility and exposure.

Key Investment Attributes

  • Erf 1049: 482 m²
  • Erf 1126: 544 m²
  • Combined extent: ±1,026 m²
  • Approximate combined building area: 870 m²
  • Eight tenants recorded at valuation
  • Multi-use accommodation
  • Established commercial occupation
  • Corner site with dual frontage

The ongoing commercial use represents the property's highest and best use, although prospective purchasers should note that the municipal records currently reflect the properties as residential.

Register and bid: bidlive.maskell.co.za

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

PETER MASKELL AUCTIONS CC NEDBANK                      

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

Property Auction - Photo Gallery

A selection of photos for this auction from Peter Maskell Auctioneers

STRATEGICALLY LOCATED IN GAUTENG
Erf 1049 and Erf 1126 Mabopane-C - Bid On Our Auction Mobility App:
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033 397 1190 Or reception@maskell.co.za

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