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Liquidation Auction Of Yellow Metal, Plant And Construction

Live Auction, Started: 25 Mar 2015 12:00 AM PST

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By order of the Liquidators, Independent Trustees. Inshonalanga Construction (PTY) Ltd (In Liquidation) Master Ref: C67/2015
Liquidation auction of yellow metal, plant and construction in conjuction with Michael James Organization. Inshonalanga Construction (PTY) Ltd (In Liquidation) Master Ref: C67/2015
Featuring:
  • 2007 &2008 Hyundai H100
  • 2010 JCB 3CX TLB
  • 2011 JCB 3CX TLB (3)
  • 2009 CAT 428E TLD
  • Bedford 4x4 water truck
  • Massey Ferguson 178 tractor
  • Dynapac Asphalt roller
  • 2003 & 2 x 2005 Isuzu KB250
  • 2002 Toyota Hilux 3.0
  • 2x Single axle home built trailer
  • 2009 CAT 226B2 Skidsteer loader & rotary broom
  • 2007 Isuzu FTM1200
  • 3x Mercedes Benz 4x4 water truck
  • Ford 2000 & 5000 Tractor
  • 2007 CAT 320DL excavator
  • 2001 & 2003 Ford Rangers 2500
  • 2001 Toyota Hilux 2.4d
  • 2004 Toyota Corolla 160i
  • Tank tar sprayer
  • Samil truck
Equipment includes: Electronic total station, Theodolyte, Pipe laser, Site offices/containers, concrete mixers, Diesel bowsers, plate & other compactors, Vibromax VMP 18 F/R generators, Jolly jumper, Various pumps, GX390 Honda concrete cutter, Various welders, levels, tripods, staves, poker drive units and more.

Notice to purchasers:
Buyers premium: 10%
VAT/Tax: 14%
Inspection details: Viewing 24 March 2015 at Michael James Origanization premises, Somerset West
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 below 'Auction notes'
  • 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 Information
Location: Michael James Organization, 63 Victoria Street, Somerset West
Started: 25 Mar 2015 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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