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ABSA Power Of Attorney Auction Of 2 x Bachelor Flats, Springs, Gauteng#356

Live Auction, Started: 22 May 2019 3:00 AM PDT

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Duly instructed by ABSA Bank as Power of Attorney
Power attorney auction of 2 x bachelor flats, Springs, Gauteng#356 -  Situated on 1st floor and 3rd floor offering 1 bedroom flat within a well secured building.
Perfect bachelor flat, student accommodation or if you are scaling down!
Featuring:
General description
Featuring 2 x Units to be sold separately:
  • Lot 1 - Unit 10: Situated on 1st floor and enjoys bedroom, kitchen, lounge/dining room, enclosed balcony and garage.
  • Lot 2 - Unit 22: Situated on 3rd floor and enjoys bedroom, kitchen, lounge/dining room, enclosed balcony and garage.

  • Building is well secured with access control via an intercom.
    Perfect bachelor flat, student accommodation or if you are scaling down! Great rental potential!

    Locality
    Situated along 2nd Avenue within Springs just a mere ±30kms away from Boksburg within the Gauteng Province. It enjoys convenient access to the R29 Regional Road and within close proximity to all major amenities.
    For locality of the property, click here

    Executive summary
  • Lot 1: Unit 10, Shorborough Court, Ekurhuleni Municipality, Gauteng Province
  • Lot 2: Unit 22, Shorborough Court, Ekurhuleni Municipality, Gauteng Province
  • 100 2nd Avenue, Springs
  • Unit sizes: Unit 10 = ±74m² & Unit 22= ±78m²

  • 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: 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: 15%
    Inspection details: Please contact Pieter Rushmer
    Payment type: Wire Transfer,
    Payment date: 23 May2019

    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;
    • 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 Closed
    View lot catalogue
    Downloadable Documents
    Related Sales
    Event Information
    Location: Door No 10 & 22, Shorborough Court, 100 2nd Avenue, Springs, Gauteng
    Started: 22 May 2019 3:00 AM PDT

    Contact Details
    Contact: Pieter Rushmer
    Telephone: +27 (0)83 710 7005
    Telephone 2: +27 (0)21 702 3206
    Shipping Information
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