In2assets, a leading national auction house specialising in property sales, will be auctioning another portfolio of Telkom properties on 20th June 2024.
The event follows the success of previous Telkom property sales, including the sale of 65 properties, which totalled R584 million in 2023.
The properties going under the hammer are spread across South Africa and include transmission stations, service hubs, and unique properties like one situated on a peninsula on the West Coast overlooking the Atlantic Ocean.
Highlights include Telkom House in Gqeberha, which offers potential for redevelopment, and a substantial industrial site in Mpumalanga.
Each property presents lucrative opportunities for investors and end-users seeking strategic locations and redevelopment potential.
The auction will take place at the Mount Edgecombe Country Club and will be livestreamed on In2assets' live bidding platform, ensuring accessibility for both local, national and international participants.
"We are excited to present this diverse and valuable Telkom portfolio to our discerning investors and buyers," said Hein Hattingh, Managing Director at In2assets.
"The properties on offer showcase a range of strategic locations and redevelopment possibilities, making them ideal investments for those looking to capitalise on South Africa's growing property market."
For more information and to view the auction catalogue, visit www.in2assets.com.
