15 Apartments to Be Liquidated

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18 Sep 2013

Aucor South has been mandated by the joint liquidators to submit the following properties to a Public Tender.

The units on offer comprise 15, three bedroom apartments, each with en suite bathrooms, open plan kitchen and living room areas including a fridge, oven and hob and other appliances in each unit.

The properties consist of sectional title units and development land in the scheme known as Milkwood Estate, which is situated on the seaside of Marina Martinique, in Jeffreys Bay.

The units on offer comprise 15, three bedroom apartments, each with en suite bathrooms, open plan kitchen and living room areas including a fridge, oven and hob and other appliances in each unit.

Since the completion of the development of the 32 units, 17 have been occupied and the remaining 15 now form part of the liquidation.

Further to that there is a safe and secure underground parking area as well as storeroom facilities.

All apartments have balconies with beautiful sea views and modern finishes.

The land included in the sale is the land on either side of the existing apartment block. There are further development rights in place for another 80 units.

In terms of the tender, buyers have the option to tender for individual units or a combination of units or as a lot. All options will be considered by the joint liquidators.

This estate presents a perfect development or conversion opportunity for a buyer as Marina Martinque is a popular holiday destination in South Africa, says Vincent Moss of Aucor.

Visit www.aucor.com for more information, the tender will close on Monday 7 October at 3pm

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