Fifty Telkom properties across the country, including six in the Western Cape, are set to go under the hammer at an online auction by property auction house In2Assets on August 22.
The properties, which are part of Telkom’s National Portfolio Disposal, include commercial and industrial buildings, and vacant and agricultural land in various parts of South Africa.
Regarding how much the properties are worth, In2Assets managing director Hein Hattingh said: “The properties are all sold subject to an undisclosed reserve price.”
There are six properties in the Western Cape, 10 in Gauteng, nine in KwaZulu-Natal, six in Mpumalanga, six in the North West, five in the Northern Cape, four in the Eastern Cape, three in the Free State and one in Limpopo.
Hattingh said the six Western Cape properties form…