INDUSTRIAL OIL STORAGE FACILITY IN PINETOWN, ETHEKWINI ONLINE AUCTION
INDUSTRIAL OIL STORAGE FACILITY IN PINETOWN, ETHEKWINI ONLINE AUCTION
4 Wiltshire Street, Pinetown Ext 129, eThekwini, KwaZulu Natal
Auction Open | Wednesday 04 December 2024 @10:00 |
Auction Close | Friday 06 December 2024 from 10:00 |
This well-located facility, near Island View Fuel Terminals, offers an exceptional opportunity as a bulk storage and processing plant for refining HFO/Burner fuels. Fully compliant with environmental, zoning, and licensing regulations, it’s ready for immediate operation or conversion into a fuel storage and distribution hub. Built to handle dangerous goods—like Petrol, Diesel, LPG, and Paraffin—this facility boasts a current capacity of 1.2 million litres with the potential to expand by an additional 1.2–1.5 million litres.
Viewing dates: By Appointment ONLY
Contact Theo Louw on 083 946 0218 or Martin Van Deventer on 078 263 0813 to schedule a viewing today.
Property Features:
- Storage Capacity :
- 11 x 80 000-litre tanks
- 4 x 65 000-litre tanks
- 3 x 35 000-litre tanks
- 1 x 20 000-litre tank
- Zoning: General Industrial with Special Consent (restricted to oil dewatering, effluent plant, office building etc)
- Waste Management License
- Wholesale License
- Environmental Authorisation: Approved for 1,265 m3 combined storage capacity
- Trading Entity with Wholesale License available
- Max. Permitted Height: 6 Storeys / 21 Metres
- 582m² Office Area
- Guard House
- Laboratory Building
- Vehicle Wash Bay
- 20 KM from Durban Harbor
Notice to Buyers & Disclaimer | |
Auction Registration Fee | R100 000 (Refundable T&C’s Apply) |
Confirmation Period | 14 days confirmation by the seller |
Deposit on Purchase Price | 30% Payable by electronic transfer (EFT) |
Guarantees on Balance | 30 Days from the date of acceptance |
Buyers Commission | 10% Plus VAT over & above the purchase price |
Outstanding Rates, Taxes & Levies | Seller is liable for all outstanding rates and taxes |
DISCLAIMER:
Information provided in the advertising of this property, whether digitally or in print, includes subjective opinions provided by TIRHANI and additional information from the seller. You are advised to inspect the property to make necessary informed decisions and conclusions regarding the suitability and condition of the property. Despite our efforts to provide accurate information, we strongly recommend independently verifying all dimensions and shapes prior to purchasing or decisions based on them. Please be aware that TIRHANI has not conducted tests on any services, appliances, or heating/cooling systems, does not provide any warranties, either explicit or implied, regarding their functionality.
TO PARTICIPATE IN THIS ONLINE AUCTION, PLEASE COMPLETE THE RULES OF AUCTION / BIDDER PARTICIPATION FORM IN THE DOCUMENTS TAB (AVAILABLE SOON)
By signing the Rules of Auction, you consent and agree to be bound by the Auctioneers General and Specific Rules of Auction in addition to any other conditions specified by the Auctioneer or the Seller. These Rules of Auction are not negotiable, so if you do not agree with them do not register to bid on this auction.
Control of the auction shall be entirely managed by the auctioneer, who has the sole right to regulate the bidding process and control the bid increments. The auction will be conducted per rising bid in South African Rands.
EXTENDED BIDDING: This auction features EXTENDED BIDDING. Any lot with a bid within 2 (TWO) minutes of its scheduled closing time will remain open for bids past its normal close; it will go into extended bidding.
MAX BIDDING: When you place your maximum bid, it will be placed at the reserve price if said max bid exceeds the reserve. If the Max Bid amount is below the reserve, the bid will be placed for the full amount. The 'System' will automatically bid against you at the set increment until reserve is met, at which point the system will stop. If you are the highest bidder, the lot will be sold to you, unless another bidder out bids you.
TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software, Internet or any other online auction-related technologies, Tirhani Auctioneers reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Tirhani Auctioneers shall be held responsible for a missed bid or the failure of the software to function properly for any reason
FOR MORE INFORMATION
Channtell Vogel Bidding System Queries & Support | +27 (0) 71 587 6279 |
Martin Deventer Property Queries | +27 (0) 78 263 0813 |
Theo Louw Property Queries | +27 (0) 83 946 0218 |
Elizabeth Nkhathu Invoicing Queries | +27 (0) 82 329 8984 |
Stacy-Lee Campbell Online Registration & General Queries | +27 (0) 82 327 4580 |
TO PARTICIPATE IN THIS ONLINE AUCTION, PLEASE DOWNLOAD RULES OF AUCTION - BIDDER PARTICIPATION FORM. Please email back to - auction@tirhani.co.za by the cut-off date.
By signing the Rules of Auction and Bidder Participation Form, you the bidder/buyer consent and agree to be bound by the Auctioneers General and Specific Rules of Auction in addition to any other conditions specified by the Auctioneer or the Seller. These Rules of Auction are not negotiable, so if you do not agree with them do not register to bid on this auction.
This auction is 'With Reserve'. Although you may be the ‘High Bidder’ for a Lot, note that if the Reserve is not met, there is no commitment from the Seller to sell. Tirhani Auctioneers reserve the right to extend bidding, continue the bidding, or close the bidding. Control of the auction shall be entirely managed by the auctioneer, who has the sole right to regulate the bidding process and control the bid increments. The auction will be conducted per rising bid in South African Rands.
