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Live Power Of Attorney Auction Of An Industrial Property, Odendaalsrus - Free State #114

Live Auction, Started: 24 Jun 2015 03:00 PST

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Duly instructed by FNB
Live power of attorney auction of an industrial property, Odendaalsrus - Free State #114. Featuring building size of 850m² offering three offices, 8mx8m warehouse and many more
General description

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)


The property is located along Webb Avenue in Odendaalsrus within the Free State province.

For locality of the property, click here

Executive summary
  • Erf 2875, Odendaalsrus
  • Erf size: 3230m² & Building size: 850m²
  • Zoning: Industrial General

  • Auction notes:
    This sale may be subject VAT
    Notice to purchasers:
    Buyers premium: 5%   Deposit of 10% and buyer's premium of 5% (plus VAT) immediately after the sale, balance of the purchase price on registration of transfer
    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.
    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;
    • 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
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    Currency: South Africa Rand
    Auctioneer: GoIndustry DoveBid S.A. (Pty) Ltd.
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    Event Information
    Location: 3 Webb Avenue, Odendaalsrus
    Started: 24 Jun 2015 03:00 PST

    Contact Details
    Contact: Franz Bobbert
    Telephone: +27 (0)83 630 5532
    Shipping Information
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