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Liquidation Auction: Multi-tenant investment opportunity, 2x Commercial Properties, Nelspruit Industrial

Liquidation Auction: Multi-tenant investment opportunity, 2x Commercial Properties, Nelspruit Industrial

16apr11:00 am11:30 amLiquidation Auction: Multi-tenant investment opportunity, 2x Commercial Properties, Nelspruit Industrial

Event Details

Auction information:

  • Matter Name: Global Fruit Prop Holdings (Pty) Ltd (In Liquidation) MRN: MD77/24


2x Commercial Properties, Description:

1.) Erf 2170 (8 Samora Machel Street):

Viewing: 8 April (10:00 – 12:00)

  • Extent: ± 850m²
  • Zoning: Business 1
  • Double storey building Improvements:
    • Offices: ± 680m²
    • Under building parking: ± 340m²
    • Comprises of a reception area, individual offices, filing room, lecture rooms, canteen and kitchen
    • Cloakroom facilities on lower level
    • Under building parking has roller shutter doors with separate adjacent enclosed area

    • Yard area with concrete slab


2.) Erf 3228 (4 Samora Machel Street):

Viewing: 8 April (12:00 – 14:00)

  • Extent: ± 4 144m²
  • Zoning: Business 1
  • Improvements:
    • Workshop 1: ± 270m²
    • Workshop 2: ± 860m²
    • Retail/Supermarket: ± 1056m²
    • Student Accommodation: ± 380m²
    • Covered Areas: 128m²
    • Corner stand property with street frontage!
    • Currently comprises of a workshop/auto body repair centre/storage facility and various outbuildings.
    • There are also 3 retail/engineering shops with 2 warehouses at the back

    • Double storey student accommodation building situated behind the supermarket.

Main Building:

Two rectangular concrete buildings with industrial roller shutter doors comprising currently of a mechanical workshop with adjacent storeroom and cloakroom facilities on the lower level and various retail facilities and a fast-food/supermarket on the ground level above.

Auto Body Repair Shop:

On the left side of the driveway entrance is a free-standing single storey building currently converted into a workshop area with adjacent storerooms with back entrance.

Student Accommodation:

A double storey building currently converted into various single rooms with a kitchen and bathroom facilities.

Yard area:

Driveway and parking areas on lower level are concrete slabbed. Back yard has uncovered soil.

Upper-level Street front and driveway to student accommodation are brick paved.


Overview:

Erf 2170 (8 Samora Machel Street) offers a prime business opportunity spanning approximately 850m², zoned for Business 1. Its double-storey structure encompasses offices, filing rooms, lecture halls, and a canteen with kitchen facilities. Under-building parking and a yard area with concrete slab provide ample space. Nearby, Erf 3228 (4 Samora Machel Street) boasts a vast 4,144m², also zoned for Business 1, featuring workshops, retail spaces, and student accommodation. This corner property includes workshops, warehouses, and a double-storey student residence, alongside paved parking and yard areas catering to diverse commercial needs. Viewing available on 8th April 2024.


Area Description:

Nelspruit Industrial in Mpumalanga, South Africa, is a bustling hub characterized by a diverse range of manufacturing and processing activities. Its strategic location, situated near major transportation routes, facilitates efficient distribution of goods across the region. The area hosts numerous factories, warehouses, and industrial facilities, contributing significantly to the local economy and providing employment opportunities for the community. With its infrastructure and business-friendly environment, Nelspruit Industrial serves as a vital cornerstone of Mpumalanga’s industrial landscape.


Terms & Conditions:

  • R20 000 registration fee.
  • FICA document to register.
  • 10% Deposit on the fall of the hammer.
  • 6% Buyers Comm plus VAT payable on the fall of the hammer.


Contact:

Brandon – 078 194 5024



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Time

16 April 2024 11:00 am - 11:30 am(GMT+02:00)

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