Live Power Of Attorney Auction Of An Industrial Property, Odendaalsrus - Free State #114
Live Auction, Started: 24 Jun 2015 3:00 AM PST
Industrial property boasting a building measuring 850m² and erf size of 3230m². This property offers three offices, reception area , kitchen, a separate men and ladies bathroom, small storage room, change rooms, 8mx8m warehouse, 12mx12m carport/shed,16mx4m carport/shed and an additional carport for 2 vehicles (outside of the property)
Locality
The property is located along Webb Avenue in Odendaalsrus within the Free State province.
For locality of the property, click here
Executive summary
VAT/Tax: 14%
Inspection details: On appointment only, please contact Franz Bobbert on +27 (0)83 630 5532
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 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.
- 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;
- R2 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
Currency: South Africa Rand
Auctioneer: GoIndustry DoveBid S.A. (Pty) Ltd.
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