This online auction will feature 34 properties which are located across South Africa, and will include commercial and industrial buildings, vacant erven as well as agricultural land.

“We have been working with Telkom since 2013, and are looking forward to another successful auction,” says Kim Faclier, Managing Director Property of GoIndustry. “With close on 150 properties over 20 auctions completed for Telkom over the years, and having raised hundreds of millions of rand, we have the collective experience to conduct online auction, on-site auctions, boardroom-style auctions as well as private treaty sales. For this particular sale, the properties are being sold via our specialised online auction platform which is perfectly suited to accommodate bidders located across the country.”

“This is extensive portfolio, with the properties scattered all across South Africa,  including erven with single storey buildings used as telecommunications in the past, as well as vacant land with development potential. In Western Cape there are 2 vacant stands and 3 ervens with improvements, and the Eastern Cape features 1 property with improvements too. The majority of the remainder of the 34 total properties feature industrial single storey buildings, with a wide variety of zoning classifications. They include Agricultural, Commercial and Industrial zoned and are further divided into 6 properties in Gauteng, 7 properties in KZN, 4 in Limpopo, 5 in Mpumalanga, 2 in North West and 3 in Northern Cape,” continued Faclier.

GoIndustry DoveBid (Pty) Ltd is one of nine marketplaces under Liquidity Services listed on the NASDQ:LQDT. The company provides a range of services, which include property sales (commercial, residential, industrial, agricultural and investment transactions), asset disposal, asset valuation and surplus asset management.

GoIndustry DoveBid South Africa (Pty) Ltd is a national operation with offices in Johannesburg, Bloemfontein, Port Elizabeth, Durban and Cape Town.

This online auction closes on 26 November from 14:00 with viewing strictly by appointment.

For more information, contact Kim Faclier on This email address is being protected from spambots. You need JavaScript enabled to view it. / 0860 0000 10, or Catherine Pritchard on This email address is being protected from spambots. You need JavaScript enabled to view it. / 071 6034478.