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Liquidation Auction featuring ±400Ha Agricultural Land, Bonnivale, Western Cape#316

Live Auction, Started: 7 Aug 2018 3:00 AM PDT

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Duly instructed by the liquidators representing Oryx Business Services (Pty) Ltd (In Liquidation). Masters ref no:C822/2017
Liquidation Auction featuring ±400Ha Agricultural Land, Bonnivale, Western Cape#316 - Offering 2 cottages and storeroom
Featuring:
General Description
Massive agricultural land boasting over ±400Ha, offering 2 cottages and storeroom. Situated on the Skilpad Hoogte Road from Ashton to Bonnievale. Enjoys close proximity to Bonnievale Township. Recent fire destroyed the vegetation but new growth is visible. Situated between slopes and the property is on an incline. Ideal for lifestyle farming or tranquil holiday getaway. For locality of the property, click here

Executive Summary
  • Ptn 1 of Farm 237 Stockwell Reg Div Montagu Rd, Western Cape
  • Along Skilpad Hoogte Road, Bonnivale (33°53'52.82"S 20° 6'47.71"E)
  • Extent: ±400Ha

  • 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: For more information, 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 proprty 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
    Location: Ptn 1 of Farm 237 Stockwell, Bonnivale (GPS: 33°53'52.82"S 20° 6'47.71"E)
    Started: 7 Aug 2018 3:00 AM PDT

    Contact Details
    Contact: Casper Rossouw
    Telephone: +27 (0)82 459 8877
    Telephone 2: +27 (0)21 702 3206
    Shipping Information
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