RIVERSIDE PARK, NELSPRUIT - INFORMATION PACK - BidEasy Auctioneers

INFORMATION PACK
                             FOR

RIVERSIDE PARK, NELSPRUIT
   6264m2 DEVELOPMENT LAND
       ZONED BUSINESS 4
CNR DIHLAKABELE ROAD & NAALDEKOKER CRESCENT, RIVERSIDE PARK

ON SITE AUCTION – Tuesday, 28 July 2020 @ 11h00
                 Pieter Nel – 084 8800 165
           pieter@bideasy.co.za / www.bideasy.co.za

Property Information
Title Deed Information –

    PORTION 8 OF ERF 915, RIVERSIDE PARK EXT 24, MPUMALANGA – JT
    Known As:             CNR DIHLAKABELE ROAD AND NAALDEKOKER CRESCENT,
                          RIVERSIDE PARK, NELSPRUIT, MP
    Title Deed:           T2995/2015
    Extent:               6264 m2

    Local Authority:         MBOMBELA LOCAL MUNICIPALITY
    Registration Division:   JT
    Province:                MPUMALANGA
    Registered Owner:        NKOLELE PROJECTS CC
    VAT Status:              The seller IS registered for VAT
    Zoning:                  BUSINESS 4

PRIME DEVELOPMENT OPPORTUNITY!!

6264 m2 Development land located in the prime commercial and retail hub in Nelspruit, ideal Office
Complex site. Riverside Park is the hub of many other major retail and commercial businesses. It is
an outstanding established area with limited land left for further development. This property is
located opposite the Riverside Mall, Makro, the successful Chill Pepper Hotel and near The Grove.

This prime business hub in Nelspruit consists of major commercial / industrial / retail properties that
comprises of office buildings, office blocks, warehouses, factories, hotels, retail centres, free-
standing shops and apartments.

Nelspruit is the main commercial hub in Mpumalanga, on the Golden Highway Corridor between
Mozambique and South Africa. Property development is key in Nelspruit to ensure the city remains
competitive in relation to other major cities in South Africa. The area provides property solutions for
investors, owner occupiers, sellers, and tenants.

A multitude of road networks contributes to the success of Nelspruit, the N4 and R40 ensures easy
accessibility into Nelspruit from nearby towns.

According to the Corridor Gazette (https://corridorgazette.co.za/property/news/live-high-live-lowveld/),
‘’ Foreign investors might not be buying residential properties in South Africa as much, there is still a
demand from African investors in South African properties, and for very good reason. A result of
cross-border trade between the two countries (South Africa and Mozambique) and of course the
amazing lifestyle the Lowveld.
Statistics show that foreign investors buying property in South Africa accounts for around three
percent of the market nationally, and there’s a variety of reasons for that. Many of these buyers are
business executives, including entrepreneurs who travel to South Africa often.’’

Map

      GPS Co-Ordinates 25°26'17.5"S 30°57'48.9"E
               -25.438202, 30.963593

CSG

Zoning – BUSINESS 4

Photos

Aerial Shot

Terms & Conditions
Bidders need to FICA when pre-registering to bid. On request, we will forward the registration form
with FICA requirements.
5% Deposit payable on the fall of the hammer.
10% Commission, + VAT on Commission, payable on the fall of the hammer.
45 Days for Guarantees.
7 Days Confirmation Period.

                     For more information, or to pre-register for the auction, please contact:

                                         Dehan Engelbrecht – 0731541745
                                             Ruan Nel – 084 952 2777
                                     ruan@bideasy.co.za / dehan@bideasy.co.za

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