LIQUIDATION TENDER – INSOLVENT ESTATE JALOMU TRUST

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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 **

Auction Number :

LIQUIDATION TENDER - INSOLVENT ESTATE JALOMU TRUST

Auction Type :

Onsite - Auction

Auction Location :

LIQUIDATION TENDER - INSOLVENT ESTATE JALOMU TRUST - 23 & 27 TRACY WATTS ROAD, PINETOWN

Auction Date :

1 December 2021

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