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Vacant Residential Erf with an extent of 368m², in Sandbaai, Hermanus, Western Cape, South Africa

Live Auction, Started: 9 Feb 2013 12:00 AM PST

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By order of Tygerberg Trustees. Masters Ref Number 12837/2007
Live Auction of a Vacant Residential Erf with an extent of 368m², in Sandbaai, Hermanus, Western Cape, South Africa.
Vacant Residential Erf situated in the very popular destination of Sandbaai, just 5 km’s away from Hermanus, Western Cape.
The Vacant Erf is close to amenities such as proposed new Whale Coast Village Mall, easy access to Route 43, Fernkloof Nature Reserve, Engen Garage, Harbour Rock Restaurant and major Whale watching hotspots.
For locality of the property, click here

General Description
The Vacant Erf measures 368m² in extent, is rectangular shaped and enjoys gated access with surrounding secure walls.
Zoning is residential and falls under the Overstand Municipality.
This is known as a new development with great mountain views, ideal for a perfect holiday get away or residential, if first time home owners.

Executive Summary
  • Erf 2442, Sandy Cove, Bergsig Street, Sandbaai, Western Cape
  • Zoning : Residential
  • Measures 368m² in extent

Auction notes:
This sale may be subject to Transfer Duty
Notice to purchasers:
Buyers premium: 10%   Deposit of 10% and Buyers Premium plus VAT immediately after the sale, balance of the purchase price on registration of transfer.
VAT/Tax: 14%
Inspection details: At your leisure
Payment type: Wire Transfer
Additional notes: This auction is governed by the Consumer Protection Act – Act 68 of 2008 (South Africa), and further reference to the Act and the regulations can be downloaded here.
Consumer Protection Act 68 of 2008
Consumer Protection Act 68 of 2008 – Regulations
The Bidders attention is drawn to the following:
• The Rules of Auction can be found under the "Downloadable Documents" tab
• The asset will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the asset prior to the auction.
• The Sale of the asset is non-suspensive and not subject to any feasibility or any other condition required by the buyer.
The Sale by auction is subject to:
• A reserve or upset price
• All prospective bidders must register prior to the auction and such registration requires proof of identity and residence (FICA) as contemplated in regulation 26;
• A refundable deposit may be payable by a bank guaranteed cheque or Electronic Fund Transfer (EFT). Kindly provide proof of deposit.
• The auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of third parties
• The Auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of seller but, if on behalf of the seller, not at or in excess of the reserve price”

Currency: South Africa Rand
Auctioneer: GoIndustry DoveBid S.A. (Pty) Ltd.
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Event Information
Location: ERF 2442, Sandbaai, Western Cape, South Africa - Sandy Cove, Bergsig Street
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Started: 9 Feb 2013 12:00 AM PST

Contact Details
Contact: Casper Rossouw
Telephone: +27 (0)82 459 8877
Telephone 2: +27 (0)21 702 3206
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