Auction Sale Of An Residential Development Opportunity In Pe

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Auction Date
19 June 25
Auction Start Time
11:00AM
Register for this auction
Street Address
5 Shingwedzi Street, Penina Park X1, Polokwane, Limpopo, 0699
Erf Size
±2045m²
Auction Description

Below you'll find key points about the auction:

Duly instructed thereto by the liquidator of De Klerks Attorneys, pursuant to the division of joint divorce estate, Morongoa Rosina Pako and Lepolanka Wilers Pako (Blaizepoint Trading 182 CC), High Court Case Number: 3285/2018 , we will sell by public auction on:

 

THURSDAY, 19 JUNE 2025

@ 11:00

AT 5 SHINGWEDZI STREET

PENINA PARK

POLOKWANE

 (REGISTRAION REQUIREMENTS:  PROOF OF IDENTITY AND RESIDENTIAL ADDRESS ARE REQUIRED)

 THE FOLLOWING:

 

PROPERTY:

·      Erf 355, Penina Park Extension 1, Registration Division LS, Polokwane Local Municipality, Limpopo

Measuring: 2045-m²

 

DESCRIPTION:

 ·      Nine (9) x two-bedroom units: Partially built

·       Unoccupied for approximately three (3) years

 

LOCATION:

The property is located at the address: 5 Shingwedzi Street which is located in a residential area better known as Penina Park, Polokwane. Auction arrows will be erected.

 

AUCTIONEERS NOTE:

Don't miss out on this rare opportunity to secure a high-potential residential development at auction!

All prospective buyers are advised to attend the auction.  Viewing by appointment with the auctioneers or visit our webpage.

 

CONDITIONS OF SALE:

15% (FIFTEEN PERCENT) deposit for the property on day of the auction and the balance to be paid in cash or acceptable guarantees to be delivered within 45 (FORTY-FIVE) days after date of confirmation, confirmation within 14 (FOURTEEN) days after date of sale.  The rules of auction and sale conditions will be read out prior to the sale, terms and conditions available on request.

 

BUYER REGISTRATION:

All potential buyers can register in advance by email or on the day of the auction at the venue. We reserve the right to cancel the auction without notice.

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