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Liquidation Auction Of Agricultural Property Within Klerksdorp, NW

Live Auction, Started: 7 Mar 2020 4:00 AM PST

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Duly instructed by the liquidators representing SO Matshidiso Construction and Projects CC (In Liquidation). Master Ref: M320/2019
Liquidation auction of agricultural property within Klerksdorp, NW. Boasting an erf extent of ±21Ha comprising of a spacious main dwelling offering 3 bedrooms and  numerous other outbuildings.
General description
Offering 3 bedroom home with 2 bathrooms, kitchen, lounge/dining room, family room. The site improvements consist of a domestic quarters and cottage (with 2 bedrooms) double garage, shed, storage areas and pump house. With cement dam and a borehole, a swimming pool and a Lapa area. Fully serviced. With some TLC it may offer lots of potential

Located ±9kms North West of Klerksdorp in the North West Province. The property can be accessed via the R30 Regional Highway, which leads to an unnamed gravel road that connects to the property

For locality of the property, click here

Executive summary
  • Portion 116 of Farm No 400, Reg Div: IP, City of Matlosana, North West
  • Off R30 Regional Road, Klerksdorp, NW (GPS: 26°47’52.2”S 26°35’54.0”E)
  • ±21,4133Ha

  • 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: 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%
    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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    Event Information
  • Off R30 Regional Road, Klerksdorp, NW
  • GPS: 26°47'52.2"S 26°35'54.0"E

    Started: 7 Mar 2020 4:00 AM PST

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