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Live Auction of Vacant Land in Ramsgate - Kwazulu Natal #71

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

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By order of the liquidators. Masters Ref No: C750/2013
Live Auction of Vacant Land in Ramsgate - South Africa. Centrally located and enjoys a walking distance from the beach
Featuring:
Vacant Land in Ramsgate

General Description

The Vacant Land measures 1259m² and is situated in Ramsgate which is well-known for their accomodation and beautiful beaches. The Land is only approx. 1km walk from the Ramsgate Beach and approx. 10 km from Southbroom (another popular seaside resort) and the commercial hub.

For locality of the property,click here

Executive Summary
  • Erf 667, Ramsgate
  • 667 Dennis Road, Ramsgate
  • Extent: 1259m²
  • Zoning: Residential

  • Auction notes:
    14 % VAT is applicable to the Buyers Premium Only and Purchase Price may be subject to transfer duty
    Notice to purchasers:
    Buyers premium: 10%   Deposit of 10% and Buyers Premium of 10% plus VAT immediately after the sale, balance of the purchase price on registration of transfer
    VAT/Tax: 14%
    Inspection details: At own 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 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
    If you would like to follow Goindustry Dovebid SA, add us to your Google+
    Currency: South Africa Rand
    Auctioneer: GoIndustry DoveBid S.A. (Pty) Ltd.
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    Event Information
    Location: 667 Dennis Road, Ramsgate, Margate
    Started: 9 Oct 2014 3:00 AM PST

    Contact Details
    Contact: Ricardo Green
    Telephone: +27 (0)76 274 9365
    Shipping Information
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