ECDC-000133 | On Auction

Accommodation Blocks with 24 Flats and Garages, Umtata, Eastern Cape

92 3rd Avenue, Mthatha, OR Tambo District Municipality, Eastern Cape

Accommodation Blocks with 24 Flats and Garages. 92 3rd Avenue, Norwood, Mthatha, Eastern Cape

Extent: ± 3 093 m² | 12 x 2 Bedroom flats | 12 x 3 Bedroom flats | 12 Garages | There are no valid lease agreements in place | The property is currently occupied by occupants not authorized by the Seller | Neither the Seller nor the Auctioneer guarantee any vacant occupation


Blocks of 24 Flats and Garages spread over 5 buildings

Decent Location:
Situated in the western part of Umtata in one of the residential areas close to the CBD, this property allows access to all major roads and shopping facilities.

The property known as Norwood Flats and is situated along 3rd Avenue in the suburb of Norwood.

Accomodation Details:
The block of Flats consists of 12 x 2-bedroom flats and 12 x 3-bedroom flats.

The property is occupied by various tenants, but it needs to be noted that most dwellers are illegal occupants. Therefore, the property will not be sold with vacant occupation.

Conclusion:
This property once refurbished will become a great asset for the new owners.

Commercial Type:
Block of Flats
Web Reference:
ECDC-000133
List price:
0
Address:
92 3rd Avenue, Mthatha, OR Tambo District Municipality, Eastern Cape
Auction Venue:
3 BIDDING METHODS AVAILABLE: Live from the Mount Edgecombe Country Club in Durban OR Online Bidding via Zoom OR Bid directly from our East London Offices: 10 Princes Road
Vincent

Auction Date:
22 May 2025 01:00 pm



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R25 000 refundable registration deposit. Strictly by EFT. FICA Documents are required

Bidding opens in


Auction Date: 22 May 2025 13:00:00pm


In2assets Properties
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