ONLINE AUCTION: (SAPO 42) 22.1940 Ha Land in New Brighton, PE

Starting bid: R6000000,00

Item condition: New

Auction starts in:

Auction starts: January 10, 2023 8:00 am

Auction ends: January 10, 2023 12:00 pm

Category:

Description

  • LOCATION: RE Of Erf 95 PTN 349, New Brighton, Nelson Mandela Bay (PE), Eastern Cape
  • SIZE: 22.1940 Ha

 

 

NOTE:

You must be registered to bid online.

Bidding will be extended by 120 seconds if a bid is placed within the final two minutes of the auction. This is to allow enough time for final bids to be placed.

 

PROPERTY DETAILS:

RE Of Erf 95 PTN 349, New Brighton, Nelson Mandela Bay (PE), Eastern Cape

The property is located on the corner of Chase and Uitenhage Road with Uitenhage road being the main transport road from the hub of Nelson Mandela Bay (PE).

Zoning: COMMUNITY 1

GPS: -33.911585 25.574703

Size: 221 940 m2

 

Description:

New Brighton has a strong industrial and commercial industry as indicated by the arial photography. The land is surrounded by a number of high profile tenants which would attract good investment opportunities for the area. Smaller commercial properties located in close proximity are selling for high amounts due to the fact that it is located in the centre of an industrial node. Situated close to the N2 highway with easy access to the property from multiple roads.

We are looking for the right investor to help build the local economy by either creating industry or sub dividing to create multiple housing development opportunities.

 

Amenities:

Fuel

  •  Engine Millennium Centre (Filling Station)  0.56 KM
  •  The Bridge Service Station (Filling Station)  0.63 KM
  • Struanway Service Station (Filling Station)  0.94 KM

Police Station

  • SAPS Algoapark  1.06 KM
  • SAPS New Brighton  1.06 KM

Shopping Centres

  • Eagles Nest 1.86 KM
  • Commercial Centre 1.87 KM
  • Eyethu Centre Ibhayi 3.48 KM

Hospital

  • MediCross Algoa Park  1.51 KM
  • Empilweni Hospital 0.54 KM
  • Algoa Park Clinic  1.5 KM

Education

  • Young Park Primary School 0.57 KM
  • Diaz Primary School  0,94 KM
  • Otto du Plessis Senior High School  0.59 KM

 

ONLINE AUCTIONS DATE:

Bidding Opens: 10 January 2023 @ 08:00

Bidding Closes: 10 January 2023@ 12:00

Starting bid: R6 000 000 (Subject to confirmation)

 

WINNING BID:

After the timer runs out and bidding closes, the OTP will be sent to the highest bidder.

 

REQUIREMENTS TO PURCHASE:

10% Deposit

10% buyers premium + 15% VAT

15% VAT on Purchase Price

Proof of approved bond if not a cash buyer

 

Contact: Tiaan Kotze 078 3358134

Email: tiaan@auction-all.com

Auction History

January 10, 2023 8:00 amAuction starting