GoIndustry DoveBid to auction second batch of Telkom properties during March

Posted On Thursday, 27 February 2014 14:32 Published by eProp Commercial Property News
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GoIndustry DoveBid SA (GoDove) has announced the second phase of its contract awarded in 2013 to dispose of more than 60 Telkom properties nationwide.

GoIndustry Auction

Go-Dove will be auctioning off the second batch of Telkom properties during March.

Some of the properties to be sold include about 10 000m² of vacant land in Benmore Gardens, which borders Sandton City, a 28 000m² high-rise commercial building in Joubert Park, Gauteng, about 20 000m² of business-zoned land in Walmer, Port Elizabeth and a sizeable property in Bloemfontein, with over 7 000m2 of building on a 28 000m2 erf.

Cape Town properties include:
Knysna Industrial - Erf 3806, Knysna & Erf 7551 (Total erven extent approx. 2410 m² )

Erf 6314, Kraaifontein - Corner Van Riebeeck and Agste Lane, Approx. 2567 m²

Portion 33 of farm No 1183 Western Cape - Corner Of Niel Hare Road & Charel Uys Drive, Atlantis Industrial Approx. 4,60 ha of Industrial land

38 Buitekant Street, Cape Town (Erf 174160 - Ptn of Erf 10190)

Entire Property, Corner Lower Church Street & Morom Road, Wynberg

Three of the four auctions for Telkom in March will be held in Cape Town, Bloemfontein and Johannesburg, and the remaining smaller properties around South Africa will be sold via Go-Dove's online platform.

The Cape Town auction will take place at noon on March 20, at African Pride's 15 Orange Hotel, Gardens. The Johannesburg auction will be held on March 25 at noon, at the Protea Fire & Ice Hotel in Melrose Arch.

The Bloemfontein auction will be held on site, on the corner of of Vooruitsig and Church streets, Hamilton in Bloemfontein, at noon on 27th March.

The remaining properties will be sold in an online auction that will open at 2pm on March 28 and will close at 2 pm on March 31.

"The recently held online property auction, which closed on December 5th last year, was a tremendous success. Bidding activity exceeded all expectations and we were extremely pleased with the results," says Kim Faclier, managing director (property) of GoIndustry DoveBid South Africa.

"More than 18 631 people from around the world viewed the properties, which were loaded on our website a few weeks before the auction.

More than 85 percent of the available properties were sold, with 1 877 bids transacted via 90 approved registered bidders in 24 hours. The coming phase of the Telkom property disposal process is expected to realise more than R200 million."

Faclier continued, that Go-Dove provides the critical corporate governance and transparency data that companies, governments and many parastatals require, with full date and time stamped, tracking facilities available to clients and all buyers.

Buyers interact in real time and full tracking capabilities are available before, during and after the online auctions.

GoIndustry DoveBid was acquired by global giant Liquidity Services in 2013, and has more than 40 offices in over 27 countries. Go-Dove's property division also specialises in live auctions, private treaty sales and valuations.

To keep up to date, view information and register for the Telkom sales, go to:
http://international.go-dove.com/en/southafrica

For further details call Kim Faclier on 082 554 6295 or Joey Burke on 082 998 1133, email This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it.

GoDove

Last modified on Friday, 30 May 2014 20:36

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