TELKOM-000050 | On Auction

TELKOM PORTFOLIO: 2 x Mixed Use Property in Magudu

Portion 79 & 80 of the farm Magut No. 818, Magudu, Zululand District Municipality, KwaZulu-Natal

TELKOM PORTFOLIO: 2 x Mixed Use Property in Magudu. Portion 79 & 80 of the Farm Magut No. 818, Magudu, KZN

2 Adjoining sites | Combined Extent: ± 3 159 m² | Occupation/Use Agreement for the communication tower at a rental of R4500.00 excluding VAT per month


This property is located within the rural area known as Magudu. Set in the far North Western reaches of KwaZulu-Natal, Magudu lies between the Pongolapoort Dam and the Ithala Game Reserve in the heart of the rolling hills of Uphongolo Rural in Zululand.

Surrounding the rural town of Magudu are an ever-increasing number of game farms and bush and safari experiences that offer a true escape from it all. In fact it is the prominent mountain of Magudu that is referred to as sacred. Today there is a village that sits on the summit of the mountain, whilst a road winds its way to the top.

Whilst the village holds little fascination really for the traveller it is the experience promised by the private game farms of the area that attract visitors.

These 2 properties are situated adjacent to each other. Portion 79 comprises of mainly vacant land and while portion 80 comprises of a main building being the old post office, 1 prefabricated structure an old outbuilding and a communications tower with an occupation / use agreement in place with a rental of ± R 4 500.00 per month. Both properties enjoy a generally level site area.

This part of the country is a series of mountains, wetlands and savannah that are not only beautiful, but an ideal stopover en route to the Jozini Dam or Swaziland border. The chance to see rhino, giraffe, antelope, wildebeest, elephant, buffalo and leopard is what draws visitors to game farms around Magudu. In some cases, a number of game farms have merged their borders to allow animals a larger area in which to roam and to visitors a more valid experience of animals in the wild.

This property forms part of a national portfolio of Telkom & Gyro Properties. To view all properties within this portfolio, please download the catalogue or contact us on info@in2assets.com to obtain the full listing.

Commercial Type:
Development
Web Reference:
TELKOM-000050
List price:
0
Address:
Portion 79 & 80 of the farm Magut No. 818, Magudu, Zululand District Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
22 August 2023 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 22 August 2023 11:00:00am


Muhammad Ali
                                                         In2assets Representative

Property Agent


Muhammad Ali
Show number
alim@in2assets.com


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