The Citizen (KZN)

Auction is developer’s dream

WELL-KNOWN TOWN SITUATED BETWEEN KEY PLATINUM AND CHROME MINES Currently inadequate housing for 24 000 workers.

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On August 29, a variety of prime developmen­t properties in Northam will go under the hammer as part of an urgent disposal sale. Northam is a well-known mining town situated between key platinum and chrome mines.

There is currently inadequate housing to support approximat­ely 24 000 mining workers at the various mines.

The developmen­t properties on auction will assist in resolving this dilemma providing around 12 000 housing opportunit­ies as well as schools, churches, business centres, filling stations and more.

This makes the developmen­t properties on auction an attractive business opportunit­y for property developers and investors.

Numerous developmen­t properties will be auctioned on the day.

These include 312 serviced residentia­l stands as well as hospital stands, crèche and secondary school stands, all of which are located in extension 6.

In addition to this, a 100 ha township approved developmen­t called Hlogoyatau, with 1479 special residentia­l stands, will also be auctioned along with stands for a cemetery, a hospital, four schools, a filling station, city centre and a neighbourh­ood centre.

The auction will take place August 29 at 11am at Mawala Lodge, Northam.

For more informatio­n, contact Pieter Geldenhuys at Bidders Choice on 082-8081801 or visit the Bidders Choice website at www.bidderchoi­ce.co.za.

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