Auction
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Unit 705

  • Auction
  • Lot 11
  • South Africa
  • Commercial Building
  • Commercial

Sold for R5 800 000

Property Summary

  • This sale will be subject to confirmation by the trustees in the matter
  • Duly instructed in the matter of Insolvent Estate: Calitz Family Trust (Masters Ref Nr: C285/2017)
  • The three frail care centres will be auctioned seperately and then together all bids, seperately and together, will be presented to the trustees for their confirmation 
  • The frail care facility is located on the ground floor of the main building in Villa Cortona Retirement Village

Downloads

Property description

  • Reception area
  • Dining Room
  • TV Room
  • Adminestration Office
  • Staff Room
  • Linen Room
  • Kitchen
  • Toilet
  • Two Communal bathrooms
  • Guest toilet
  • Sluice Room
  • Two assistance bathrooms
  • 6 x Single Rooms (6 Beds)
  • 2 x Double Rooms (4 Beds)
  • 5 x Four Bed Rooms (20 Beds)
  • Approximately 30 beds in total
  • Approximately 688 sqm in extent
  • Vacant occupation is not guaranteed
  • No Buyers Commission
  • This sale is a vatable transaction   

Please note: All legal documents can be viewed by clicking on the ‘Legals’ tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also then ensure that you are continuously updated regarding any pricing changes on the property before the auction.

Location

  • Villa Cortona Retirement Village is an up-market retirement village and close to all amenities
  • Located in the popular Graanendal Residential Security Estate, close to the Graanendal shopping centre and Welgevonden Estate
  • Easily accessable from Brackenfell Boulavard
  • The Estate offers a Bowling Green, Ladies Bar, Coffee shop, Gym and more 

VAT

Please refer to Legal Documents

Helpful links

*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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