Extent: ± 985 m² | GBA: ± 26 m² | Zoning: Administration | Just off the R102 | Fully fenced | Co-Ordinates: -29.6675632, 31.0309894 | A portion of the property (highlighted in red in the images) is occupied by the neighbour, who has erected garages and structures without the Seller’s consent and currently uses the area for business purposes. No lease is in place. It is solely the responsibility of the Purchaser to conduct his own Due Diligence in respect of the current occupant. All responsibility to remove &/or evict the occupant will be solely for the Purchaser’s Account. Neither the Seller nor the Auctioneer guarantee any vacant occupation.
Verulam, KwaZulu-Natal
Positioned in the established suburb of Ottawa along Mungal Road, near Verulam in KwaZulu-Natal, this 985 m² property presents an attractive development prospect within the Telkom property disposal portfolio.
This fully fenced, corner erf offers a rare opportunity to acquire a development-ready site in a well-settled residential precinct with strong long-term growth fundamentals.
Erf Size: 985 m² level corner site providing an excellent footprint for a spacious single dwelling or the potential development of multiple residential units with municipal approvals and consents.
Security: Fully fenced perimeter, offering immediate protection for construction materials and site works.
Services & Surroundings: Situated within an established residential area, surrounded by existing homes, with municipal services infrastructure readily accessible.
Residential Setting: Located in a peaceful neighbourhood within Ottawa, offering a family-friendly environment and established community presence.
Convenience & Accessibility: Close proximity to the Verulam CBD, local schools, retail amenities, and key transport routes enhances both owner-occupier and investor appeal.
This is a compelling opportunity to secure a well-positioned site in a steadily expanding node.
This property forms part of a National Telkom Portfolio. To view all properties within this portfolio, please download the catalogue or contact us on info@in2assets.com.
Auction Terms and Conditions:
R25 000 refundable registration deposit. Strictly by EFT. FICA Documents are required DISCLAIMER: Website listings are for information purposes only and remain subject to change, amendment, correction or withdrawal at any time prior to the auction. As further information becomes available, revised listings will be published from time to time. It may not be possible to identify, track or specifically draw attention to every amendment or revision. The final brochure and Conditions of Sale, as issued to each registered bidder via email and/or WhatsApp prior to or on the day of the auction, shall constitute the final, governing and binding documentation applicable to the auction and the sale of the property. It is each Purchaser’s sole onus and responsibility to ensure that he has received, read, understood and agreed to the final brochure and Conditions of Sale and to bid and purchase strictly in accordance therewith. Registration for the auction shall constitute deemed acceptance of the final documentation as issued.
