Retail & Hospitality Property Company news South Africa

Urgent liquidation auction

36-bed boutique hotel and contents previously known as the Caledon Boutique Hotel & Spa - Lee Barns Boulevard Ballito

Duly instructed by the Provisional Liquidators of Erf Boulevard 44 (Pty) Ltd Reg. no. 2009/017709/07, Master`s Ref no.D38/2018.

The development is situated on five separate erven with a total extent of 9,404m²:

  • Erf 4274 Ballitoville

  • Erf 4275 Ballitoville
  • Erf 4276 Ballitoville
  • Erf 4277 Ballitoville
  • Erf 4278 Ballitoville

Comprising the following:

  • The main hotel building
  • 18 freestanding villas
  • 1 freestanding executive villa
  • Auxiliary buildings
  • Gate house
  • Driveway and parking bays
  • Masonry boundary walls
  • Electric fencing

Date: Wednesday, 5 September 2018
Time: 11h30
Venue: On site, at Lee Barns Boulevard, Caledon Estate, Ballito

Terms: R50,000 to obtain buyer’s card by EFT/bank guaranteed cheque prior to date of sale | 10% deposit from successful bidder to be paid on the fall of hammer | Copies of FICA Documents to be provided | Contact the office on 0333971190 or Danielle on 082 801 6827 / Wesley on 071 896 9512 | sale subject to confirmation | “above subject to change without prior notice” (e & oe) | scan QR code for full auction details, CPA regulations and conditions of sale.

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