On Wednesday evening a host of bank-repossessed cars, ranging from single- to double-cab and runaround bakkies as well as sedans and panelvans, must all be sold.
To give everyone fair go at these auctions, opening the playing fields as such, Chico da Silva starts the bidding at 7pm, and now that the weather is improving, there really is no excuse to benefit from Consolidated’s “best wheels deals” auction.
The company’s bank repo and liquidation auction will be held at 10 President Street in Germiston.
Following Wednesday’s night time car sale, a double-bill daytime disposal the next day, August 21, will feature a wide array of assets from the heavy-duty industrial sector.
At this stage it looks like mechanical horses tops the list of lots but bidders can also expect rigid and volume trucks, dropside trucks, tippers, crane trucks, superlinker as well as side- and flat-line trailers, construction equipment, scaffolding, LDVs, forklifts and more.
The auction on August 21 will be held at 12/281 Elgin Road in Pomana Estates and includes the actual location of the auction.
In this respect investors can expect a piece of land that’s well over four hectares in size and that’s zoned for residential as well as agricultural use.
The home on the property is in itself a marvel of space and includes a kitchen, pantry, lounge, dining and reception room, four air-conditioned bedrooms with ensuite bathrooms, a fifth master bedroom with a lounge awnd walk-in closet, five garages, a lapa, and water features.
Moreover, the property is only some 3.5km away from OR Tambo International Airport, a highly developed but congested business node where the need for development land is much in demand.
Info:
> The auction on August 21 starts at 10.30am. For inquiries about the fixed property, phone Derek Fox at 082-886-0651 and for the loose assets, Jaco Welthagen at
076-791-0916.
> cagauctions.co.za
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