Park Village Auctions is inviting offers to bid on a large collection of quality engineering equipment, vehicles and a sizable industrial workshop located in Waltloo, Pretoria.
The sale falls under the auspices of PVA’s business rescue division which specialises in selling businesses that are experiencing difficulties. Most businesses are simply in need of a capital injection or restructuring to continue operating and therefore represent a great opportunity for investors, says PVA’s LeRoy Augustyn.
Equipment to be sold include a manual hydraulic frame press, a hydraulic frame press complete with a power pack, an LVD bending brake, an LVD guillotine, a Maho milling machine, a winch with a motor and gearbox, a shot blast enclosure including air blast tank, fume extraction systems, a round bar roller, a radial arm drill, a pedestal drill, a plasma cutter, assorted center lathes, vertical band saws, welders, punch and crop machines, assorted plate rolls, profile rolls, workbenches with vices, grinders, welders, compressors, pallet jacks, and machine trolleys.
Additional assets include a generator, office furniture and equipment, stock from off-cuts and scrap material and miscellaneous “work in progress” items.
The property on offer is situated at 289 Zasm Street. It takes the form of a large industrial workshop with ancillary offices an a double storey office building, measuring 6 939m2 in total.
The property occupies a favourable position within the industrial heart of Waltloo in Pretoria. It is neighboured by a host of manufacturing and processing plants related to various industries, within walking distance of the Waltloo train station and is easily accessible from the N1 and N4 highways respectively. Vehicles on offer include a 2008 Toyota Yaris, a 2008 Mitsubishi Triton 3.2 4×4 LDV, a 2008 Mitsubishi Colt LDV, a 2006 Land Rover Discovery Series 3. Three site caravans and two Venter trailers are also up for grabs.
It must be noted that the business rescue practitioner reserves the right not to accept the highest or any other offer. All of the above is subject to change.
When and where
Viewing will take place between 10am and 3pm on September 27, 28 and 29 or by private appointment by contacting LeRoy Augustyn on 082-565-2482 for all vehicle and equipment queries and Jaco du Toit on 082-798-9476 for enquiries related to the property.
Offers to be submitted to PVA’s head office, Unit 10, Ferndale Mews North, 355 Oak Avenue, Ferndale, Randburg by no later than close of business on Friday October 6.