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Live Auction for Stellenbosch Municipality - South Africa

Live Auction, Started: 27 Mar 2014 1:00 AM PST

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By order of Stellenboch Municipality
Live Auction of Vehicles, Plant Equipment, Office Furniture, Computers, Cabling and Scrap Metal in Stellenbosch - South Africa
Featuring:
  • Redundant Vehicles
  • Electricity Plant Equipment
  • Solid Waste Equipment
  • Waterfleet Equipment

Auction notes:
VAT payable on all lots
Payment by: 28 March 2014 by 12:00
Collection by: 28 March 2014, vehicles not removed will be charged R100/day on site.
Notice to purchasers:
Buyers premium: 4%   VAT on premium payable
VAT/Tax: 14%
Inspection details: 26 March 2014: 08:00 - 15:00
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

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Currency: South Africa Rand
Auctioneer: GoIndustry DoveBid S.A. (Pty) Ltd.
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Event Closed
Downloadable Documents
Related Sales
Event Information
Location: Stellenbosch Municipality, Beltana Depot, R310 Helshoogte Road, Stellenbosch
Started: 27 Mar 2014 1:00 AM PST

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