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Liquidation Auction Of Residential Property Within Lotus River, Western Cape

Subasta en vivo, Iniciado: 11 Dic 2019 1:00 PST

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Duly instructed by the liquidators representing Express Auctioneers and Shared Services (Pty) Ltd (In Liquidation) Masters Ref No: C663/2019
Liquidation auction of residential property within Lotus River, Western Cape. Boasting an extent of ± 207m² within a well sought-after residential area. This property is suited for refurbishment or redevelopment
Activos destacados:
General description:
Featuring a semi- detached residential house with kitchen, lounge and open plan section which has been partitioned into 4 sections. It offers an external toilet and storage sheds. This property is suited for refurbishment or redevelopment.

Locality:
Situated on Duiker Street within Lotus River which is located within the greater Grassy Park area. Grassy Park is situated approximately 20km southeast from the CBD of Cape Town.

For locality of the property, click here

Executive summary:
  • Erf 9861 Grassy Park , City of Cape Town , Western Cape
  • 24 Duiker Avenue, Lotus River
  • Extent: ± 207m²
  • 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
    Aviso para los compradores:
    Comisión al Comprador: 5%   ~ Deposit of 10% and Buyer's Premium of 5% (plus vat on buyer's 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 Casper Rossouw
    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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    Moneda: South Africa Rand
    Subastador: GoIndustry DoveBid S.A. (Pty) Ltd.
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    Información del Evento
    Ubicación: 24 Duiker Avenue, Lotus River, Cape Town
    Iniciado: 11 Dic 2019 1:00 PST

    Datos de contacto
    Contacto: Casper Rossouw
    País: Sudáfrica
    Teléfono: +27 (0)82 459 8877
    Teléfono 2: +27 (0)21 702 3206
    Transporte
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