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Live Auction Of 7 Residential Stands In Euphoria Golf Estate, Limpopo - South Africa - #73

Live Auction, Started: 25 Oct 2014 1:00 AM PST

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By instruction of the trustees
7 residential stands located inside the Euphoria Gold Estate to be auctioned live in Limpopo - South Africa. The estate was converted from a natural bushveld farm into a prestigious golf course featuring a 18-hole championship course, lodge, amenities and state-of-the-art security
Featuring:

General Description

NO RESERVES, NO BUYERS COMMISSION!!

Euphoria Golf Estate & Hydro set in the beautiful Waterberg mountain range in Limpopo, is only 2 hours drive from Johannesburg. The 18 hole championship golf course is the first golf course in Africa to be designed by Annika Sorenstam (Swedish retired professional golfer) and provides a perfect links like bushveld experience. The Estate is also distinguished by a cableway which links the club house to the mountain estate and Sundowner Deck Restaurant, perfect for watching the sunset while enjoying breathtaking views.

Euphoria also provides luxurious accommodation in the Bush Villas, a Hydro Spa and bushveld experience offering hiking and mountain bike trails. The estate lends itself to be the perfect venue for conferencing and weddings. The state of the art security within the Estate runs 24 hours a day and includes access controlled entrance pre registering visitors. The Estate is also patrolled by security personnel on a 24 hour basis, which will ensure total peace of mind for all residents and visitors. Euphoria Golf Estate includes an 18-hole championship golf course, a bush lodge with natural hot water hydro and conference facilities, swimming pool, mountain bike and hiking trails.

Locality
Euphoria, 7km outside Naboomspruit, is an easy commute from the economic hub of Gauteng. The estate is located 200 km North of Johannesburg in the Waterberg region of Limpopo Province. It is easily accessible from the N1 highway between Pretoria and Polokwane and there are tarred roads right up to the main gate. Directions: Follow the N1 highway from Johannesburg/Pretoria to Polokwane (Pietersburg). Approximately 30 km after the Kranskop Tollgate, take the Mookgophong (Naboomspruit) off-ramp. After 3 km turn left on the road to Modimolle (Nylstroom). The Estate is situated 3,2 km from the turn-off on the right-hand side.
For locality of the property,click here

Executive Summary

  • Erf 206, Euphoria – 1000m²
  • Erf 453, Euphoria – 1034m²
  • Erf 454, Euphoria – 1034m²
  • Erf 485, Euphoria – 996m²
  • Erf 578, Euphoria – 775m²
  • Erf 687, Euphoria – 700m²
  • Erf 689, Euphoria – 688m²
    To be sold individually


Auction notes:
Purchase price may be subject to transfer duty and Vat 14%
Notice to purchasers:
Buyers premium: 0%   Deposit of 20% Due immediately after the sale
VAT/Tax: 14%
Inspection details: By appointment only
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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Downloadable Documents
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Event Information
Location: Off the R101, 7km South of Mookgophong, Mookgophong - Euphoria clubhouse main conference hall
Started: 25 Oct 2014 1:00 AM PST

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