Disposal of nationwide Telkom properties

Published Feb 29, 2020

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GoIndustry DoveBid SA is until March 18 presenting another “massive” online property auction of 53 properties of its long-standing client, Telkom. The auction - following the successful disposal of 34 Telkom properties in November last year - will include commercial and industrial buildings, vacant plots and agricultural land all over South Africa.

“We have been working with Telkom since 2013 and are looking forward to another successful auction,” said Kim Faclier, managing director of Property GoIndustry.

“With close on 180 properties over 20 auctions handled for Telkom over the years - in total, raising hundreds of millions of rand - GoIndustry has the collective experience to conduct online auctions, on-site disposals, boardroom-style auctions as well as private treaty sales.

"For this particular sale, the properties are being sold via our specialised online auction platform to reach bidders nationwide.”

The extensive portfolio of properties, scattered across South Africa, includes a few double-storey buildings, premises currently being used by the Post Office, erven with single-storey buildings previously used as telecommunication centres, as well as vacant land with development potential. Most of the properties (15) are in Gauteng and include agricultural, commercial and industrial assets. For the rest, eight are in the Western Cape, three in Mpumalanga, five in KwaZulu-Natal, one in Free State, eight in Limpopo, six in North West, two in Northern Cape, and five in Eastern Cape.

The online auction closes on March 18 at 2pm with viewing strictly by appointment. For more details, email [email protected] or call at 0860000010, email [email protected] or call 0716034478.

GoIndustry DoveBid South Africa is a national operation with offices in Joburg, Bloemfontein, Port Elizabeth, Durban and Cape Town.

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