33 Telkom properties up for auction in September 2015

Posted On Thursday, 03 September 2015 09:29 Published by
Rate this item
(3 votes)

In September, GoIndustry DoveBid South Africa (Pty) Ltd will dispose of 33 Telkom properties around Free State, Gauteng, KwaZulu-Natal, Mpumalanga, Northern Cape and Western Cape, in a series of online and live auctions.

High_Res_Aerial

“This will be our 12th auction of Telkom properties country wide. All the previous auctions succeeded way beyond our expectations, with a 95 percent sell-through rate for the online auctions and 100 percent success rate for all the live ballroom and on-site auctions. The combined sales value is fast approaching the R400 million mark,” says Kim Faclier, Managing Director: Property for GoIndustry Dovebid South Africa (Pty) Ltd.

Some recent highlight sales include the live auction of 1021 South Coast Road, Mobeni, Durban which sold for R141 million and a large industrial property in Braamfontein, Gauteng which sold on-line for R31 million.

16 properties will be sold on-line, closing at 3pm on the 10th September.

In a live auction on September 16, GoIndustry Dovebid will offer for sale 9 Eastern Cape properties: The auction will take place at noon at the Boardwalk Hotel, Marine Drive, Port Elizabeth.

These include:

  • A commercial property in Cradock’s central business node with improvements of about 2 206m² on a 3 222m² site, accessible via Adderley or Frere street.
  • An exclusive industrial property in Wilsonia with 3 119m² of improvements on a 19 493m² site, situated along Mdantsane Access Road.
  • A large industrial property, Port Elizabeth with improvements of 21 068m² on at 48 684m² site on the corner of Gibaud and Neil Boss Road, in Mount Road.

In a second live auction on September 17, Go-Dove will knock down 11 properties situated in Free State, KwaZulu-Natal, North West and Gauteng. This auction will take place at noon at The Venue in Melrose Arch, Johannesburg, again at 12 o’clock

Properties for sale include:

  • A prime industrial property with 16 335m² of improvements on a 59 352m² site in Church Street, Hamilton in the Bloemfontein
  • A 10 storey building in Jeppe Street, Johannesburg with improvements of 50 300m² on a 9 666m² site.

On Tuesday, 22nd September, a prime industrial property comprising of 22 814m2  with improvements of 1671m2 on the corner of Koeberg Road and School Street, Milnerton, Cape Town will be sold at Crystal Towers Hotel, Century City. This live auction will take place at 12 o’clock. 

Click for more information

Last modified on Wednesday, 20 September 2017 14:29

Most Popular

Property sales and development in Cape Town’s East City precinct healthy despite pandemic

Sep 01, 2020
Jeff_Kleu
Just nine months after launching to market, 63% of The Harri, a new 48-unit apartment…

Realising the potential of embattled Cape York

Sep 01, 2020
Cape_York_Focus
Previously owned by the Bank of Mozambique and abandoned, Cape York had been hijacked and…

Minister de Lille applauds Women in Construction at 2020 ERWIC Awards

Aug 31, 2020
Patricia De Lille
“Women in SA need to be given the opportunity to participate meaningfully, including in…

Business parks thrive as industrial tenants seek value

Sep 10, 2020
Rael Levitt
Business parks are coming into their own as a viable asset class in commercial real…

Creativity on the march across retail landscape

Sep 14, 2020
Belinda Clur MD
Creativity is on the march across the retail landscape as sector players get to grips…

Please publish modules in offcanvas position.