Duly instructed thereto by LDA Attorneys Incorporated in the matter of SARENS SOUTH AFRICA (PTY) LTD, we will sell by public auction on:

TUESDAY, 1 OCTOBER 2024
@ 11:00
AT PORTION 8 OF THE FARM
RIVERS BEND 591
LEPHALALE, LIMPOPO

THE FOLLOWING:

PROPERTY:

Portion 8 of the farm Rivers Bend 591, Registration Division LQ, Lephalale Local Municipality, Limpopo

Measuring: 23.2753 ha

DESCRIPTION:

• 4 x Boarding houses (100m² - 300m²)
• 11 x River front chalets
• Ablutions
• Open store (±360m²)
• Cold-room
• Container (2 x living units)
• Kitchen/recreation hall
• Main house (divided into flats)

LOCATION:

From Ellisras follow the R33 towards Vaalwater for ±1 km. Turn right on the gravel road and continue for ±5 km. The property is on both sides of the road.

Auction arrows will be erected.


AUCTIONEERS NOTE:

This is a good opportunity to buy a property with potential to give a good return as it is developed for mainly accommodation. This property has got easy access and the Mogol river forms one boundary with D’Nyala Nature Reserve on the other side.

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


CONDITIONS OF SALE:

10% (TEN PERCENT) deposit for each 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.

All potential buyers to register before the auction and proof of identity and residential address are required.

We reserve the right to cancel the auction without notice. Read more...