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On-site Auction Of Residential Dwelling With Open Plan Office Within Somerset West, Western Cape

Live Auction, Started: 12 Dec 2019 2:00 AM PST

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Duly instructed by the Business Rescue Practitioner representing Mira Networks (Pty) Ltd
On-site auction of residential dwelling with open plan office within Somerset West, Western Cape. Boasting an extent of ± 2166m² within a well sought-after residential area
General description:
Double storey residential dwelling boasting 3 bedrooms with air-con, main en-suite and separate bathroom, lounge, swimming pool and braai area. With an open plan office partitioned off offering ablutions, kitchen and boardroom. It further boasts double garage and parking area with ample parking space. This property offers comfortable living with an extra rental income for the office space or ideal work from home opportunity!

Situated along Helena Avenue within a well sought-after area known as of Helena Heights, Somerset West. Conveniently located just a mere drive away from all main amenities and the R44 Regional Road.

For locality of the property, click here

Executive summary:
  • Erf 110 Bakkershoogte, City of Cape Town Municipality, Western Cape
  • 42 Helena Avenue, Helena Heights, Somerset West
  • Extent: ± 2166m²
  • To see a slide show of property on auction, please CLICK HERE

    Auction notes:
    Please note that in order to be approved for bidding, you are required to send us: the participation form (under downloadable documents), proof of payment of a R 10 000 registration fee and FICA documentation
    Notice to purchasers:
    Buyers premium: 6%   ~ Deposit of 15% and Buyer's Premium of 6% (plus vat on buyers premium only) to be paid at the fall of the hammer and the balance of the purchase price shall be paid within 30 (thirty) days from receipt of a written request to that effect from the transferring attorneys
    VAT/Tax: 15%
    Inspection details: Please contact Catherine Pritchard
    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 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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    Downloadable Documents
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    Event Information
    Location: 42 Helena Avenue, Helena Heights, Somerset West
    Started: 12 Dec 2019 2:00 AM PST

    Contact Details
    Contact: Catherine Pritchard
    Telephone: +27 (0)21 702 3206
    Telephone 2: +27 (0)71 603 4478
    Shipping Information
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