On-site Auction Of A 2 Bedroom Family Home, Strandfontein Village, Western Cape#343

Live Auction, Started: 15 Feb 2019 2:00 AM PST

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Duly instructed by the receiver acting on behalf of Oosthuizen VS Oosthuizen (under receivership)

Onsite auction of a 2 bedroom family home, Strandfontein Village, Western Cape#343 - boasting an extent of ±224m²

Featuring:

General description:
This family home enjoys two bedrooms, bathroom, open plan kitchen and lounge. Boasting an extent of ±224m². Located within Strandfontein Village suburb and accessed by Paddock Street off Dennegeur Avenue. Just a mere ±5 mins drive from Strandfontein Beach, within close proximity to amenities and ±30km from the Central Business District. Property needs TLC.
For locality of the property, click here

Executive summary:

Erf 43811 Mitchells Plain, City Of Cape Town, Western Cape

30 Paddock Street, Strandfontein Village

Extent: ±224m²

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Auction notes:

Please note that in order to register to this auction we require; proof of payment and FICA documentation

Notice to purchasers:

Buyers premium: 10% - Deposit of 10% and buyer's premium of 10% plus VAT immediately after the sale, balance of the purchase price on registration of transfer.
VAT/Tax: 15%
Inspection details: Please contact Catherine Pritchard
Payment type: Wire Transfer,
Payment date: 20 February 2019

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 assets 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;
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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