By Bahle Gama
The Municipal Council of Mbabane has been granted an order to auction over E7 million worth of property belonging to rate defaulters.
As per a court order from the Magistrates Court, the municipality will conduct an auction sale of the property at the Mbabane Magistrates Court parking lot on March 17.
Eight properties will be auctioned with a reserve price ranging from E29 000 to E5.9 million, some of which are developed land with homesteads and businesses.
|
Property |
Reserve Price |
|
Plot 97, Mbabane Township |
E5.9 million |
|
Plot 28, Sidvwashini South |
E247 000 |
|
Portion 301, Farm No.188 |
E343 000 |
|
Portion 101, Farm No.75 KaMhlaba Road |
E520 000 |
|
Plot 864, Msunduza Extension 4 |
E38 000 |
|
Plot 736, Msunduza Extension 4 |
E55 000 |
|
Plot 199, Msunduza Extension 4 |
E29 000 |
|
Plot 65, Msunduza Township |
E122 000 |