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Commercial building in Germiston, Gauteng – Online Auction

Online Auction of Office Building, Outbuilding, Covered Porch and Carport Boasting An Extent of ± 1114msq.

Lot Closing: 15/07/2021 12:00 pm

Sale Method: Online Auction

Featuring

  • Commercial building boasting an extent of ± 1114msq, located in Germinston, Gauteng, comprise of five bedrooms, kitchen, sperate lounge, dining, study, filing, and braai rooms as well as we main bathroom. The outbuilding has two bedrooms, open plan lounge and kitchen area as well as toilet and a shower. The garage accommodates three vehicles parked one behind the other and the storage area has a roof covering with a steel portal frame. Site improvements include paved driveways and pathways, steel access gates located on the front and rear boundaries of the site as well as brick walling to the lateral and rear boundaries with steel palisade fencing enclosing the front of the property facing Herman Street. Address:4 Herman, Germinston, Gauteng Extent: ± 1114msq

Please Note: lots sold subject to confirmation.

Commercial building in Germiston, Gauteng (14)
Commercial building in Germiston, Gauteng (14)
Commercial building in Germiston, Gauteng (16)
Commercial building in Germiston, Gauteng (2)
Commercial building in Germiston, Gauteng (1)
Commercial building in Germiston, Gauteng (19)
Commercial building in Germiston, Gauteng (18)
Commercial building in Germiston, Gauteng (17)
Commercial building in Germiston, Gauteng (13)
Commercial building in Germiston, Gauteng (11)
Commercial building in Germiston, Gauteng (10)
Commercial building in Germiston, Gauteng (9)
Commercial building in Germiston, Gauteng (8)
Commercial building in Germiston, Gauteng (7)
Commercial building in Germiston, Gauteng (6)
Commercial building in Germiston, Gauteng (5)
Commercial building in Germiston, Gauteng (4)
Commercial building in Germiston, Gauteng (3)

Note to purchasers

Auction Notes: Auction Notes: To be approved for bidding, we require: R10,000 Registration fee, completed participation form and FICA documents. The participation form document can be found on the lot, under “Documents” FICA documentation, completed and signed participation form to be emailed to africa.buy@allsurplus.com

Buyers Premium: 5%

VAT / TAX: 15% VAT

Payment Type: EFT

Additional Notes

Legal Notice:

View Legal Notice

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

COV-19 SPECIAL CONDITIONS

1 The Buyer recognises that the world is currently amidst a pandemic, which may affect how business gets done and cause some difficulty in viewing and collection of assets amongst others.
2 Sellers may have to introduce and modify the rules of engagement relating to the sale and access of various sites. All buyers agree that they will adhere to the regulations and rules set by Government and the Sellers and furthermore agree that the Buyer cannot use this to withdraw from sales.
3 The Buyer recognises that there might be a delay in the collection of assets and/or access to site, which will impact loading time and collection efforts. Each bid that is made by the Buyer is made with this in mind.

The Bidders Attention Is Drawn To The Following:

Auction Notes

  • The assets will be sold “Voetstoots” or “as is where is”. It is the buyer’s responsibility to perform an inspection of the assets prior to the auction.
  • The auction is subject to a reserve price and will not be sold for less than such.
  • The Sale of the assets is non-suspensive and not subject to any feasibility or any other condition required by the buyer.
  • 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.

  • Property will be vacant before registration of transfer
  • Deposit of 10% and Buyer’s Premium 5% plus VAT, payable immediately after acceptance of offer, Balance of the purchase price plus VAT, payable on registration of transfer
Register & Bid on AllSurplus

Event Details

Bidding Opens: June 21, 2021 9:00 am

Bidding Closes: July 15, 2021 12:00 pm

Asset Location: Germiston, Gauteng, South Africa

Viewing Details: Please contact agent

Contact Details

Contact: Eben Oor

Email: eben.oor@liquidityservices.com

Mobile: 083 316 9094

Telephone: 0860 00 00 10