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Live Auction of Real Estate in Krugersdorp- South Africa #57

Live Auction, Started: 9 Sep 2014 3:00 AM PST

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By order of the Attorney
Live Auction in Krugersdorp - South Africa of a Single Storey Building with an erf size of 2648m²

General Description

This property is a single storey building which enjoys a paved driveway, three bedrooms, two ceramic tiled bathrooms, a lounge, sunroom, kitchen, foyer and carport with laminated flooring throughout.


This property is located within the suburb of Wentworth Park, Krugersdorp and is in close proximity of a filling station, national retailers, a crèche, Alma Mater Academy School, as well as all necessary amenities including major banking institutions, hotels & lodging facilities and emergency services .

For locality of the property,click here

Executive Summary
  • Erf 950, Krugersdorp
  • 24 Heading Street, Wentworth Park, Krugersdorp
  • Extent measuring: ± 2648 m²
  • Zoning: Institutional

  • Auction notes:
    14% VAT is applicable to the Buyers Premium ONLY and the purchase price may be subject to transfer duty
    Notice to purchasers:
    Buyers premium: 5%   Deposit of 10% and Buyers Premium of 5% plus VAT immediately after the sale, balance of the purchase price on registration of transfer
    VAT/Tax: 14%
    Inspection details: For more information; kindly contact Joey Burke on 082 998 1133
    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 click here
    Consumer Protection Act 68 of 2008 - Regulations click here
    The Bidders attention is drawn to the following:

    • The Rules of Auction can be found under the downloadable documents tab

    • The property will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the property prior to the auction.

    • The Sale of the Property 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;

    • R10 000 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 Information
    Location: 24 Heading Street, Wentworth Park, Krugersdorp
    Started: 9 Sep 2014 3:00 AM PST

    Contact Details
    Contact: Francois du Toit
    Telephone: +27 (0)82 890 8173
    Telephone 2: +27 (0)21 702 3206
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