LIQUIDATION TENDER
INSOLVENT ESTATE JALOMU TRUST – MASTER’S REF.NO: N169/2020
TENDER CLOSING DATE: 1 Dece2021 @ 12:00 NOON
** CURRENT BED & BREAKFAST ESTABLISHMENT & OFFICE ACCOMMODATION **
“THE GREGORY”
23 TRACY WATTS ROAD, PINETOWN
IMPROVEMENTS: LOCATED ON AN EXTENSIVE CORNER
STAND (IN EXTENT: 6894 M²)
BUILDING 1: DOUBLE STOREY BUILDING COMPRISING:
8 X EN-SUITE BEDROOMS WITH ANCILLARY FACILITIES
BUILDING 2: STAND ALONE RESTAURANT
BUILDING 3: STOREROOMS WITH OFFICE & KITCHEN
** LARGE DOUBLE STOREY RESIDENTIAL PROPERTY
(IN EXTENT: 1661 M²)
27 TRACY WATTS ROAD, PINETOWN
IMPROVEMENTS: 8 X BEDROOMS • 3 X BATHROOMS
• 2 X KITCHENS • SWIMMING POOL & GARAGE
THE PROPERTY SHARES COMMON BOUNDARY WITH NO. 23.
NOTE: BOTH PROPERTIES ENJOY HIGH EXPOSURE TO THE M13.
** TENDERS TO BE DELIVERED IN A SEALED ENVELOPE TO:
C/O A J JOHNSTON & PARTNERS, 2ND FLOOR, 81 RICHEFOND CIRCLE, RIDGESIDE OFFICE PARK,
UMHLANGA ROCKS, 4319.
MARKED FOR ATTENTION: JOHNINE MADDOCKS
** FORMAT OF TENDER:
THE PROPERTIES ARE TO BE OFFERED INDIVIDUALLY WITH LEASE & WITHOUT LEASE & THEREAFTER AS A WHOLE (WITH AND WITHOUT LEASE).
THE JOINT TRUSTEES / LIQUIDATORS HAVE THE RIGHT TO ACCEPT OR REJECT ANY OFFERS.
NB: 10% DEPOSIT EQUIVALENT TO THE PURCHASE PRICE, TOGETHER WITH ID & PROOF OF RESIDENCE TO BE LODGED WITH TENDER OFFERS.
** Download full Property Brochure for additional information **
