Two Bedroom Family Home In Gauteng – Online Auction

Online Auction of A Two Bedroom Family Home With Granny Flat In Gauteng

Lot Closing: 05/04/2022 12:00 pm

Sale Method: Online Auction

Featuring

The subject property is a two bedroom family home with the kitchen including BIC and stove with a hob, a family bathroom (bath, toilet and basin) and a living area. The home is secured with burglar bars and safety gate and can be accessed via an electrical gate. Located at the back of the property is a single garage and a separate granny flat which includes a bedroom and bathroom (shower and toilet). All buildings are plastered and painted and the yard area is paved. The property requires some TLC.

Property Summary:
Address: 86 Lithemba Street, Roodekop Ext 21.
Extent: 294sqm.
Zoning: Residential.

Please Note: Lot sold subject to confirmation.

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Note to purchasers

Auction Notes: Auction Notes: To be approved for bidding, we require: R5,000.00 Registration Fee, proof of banking details, completed participation form and FICA documents. The participation form document can be found on the event page, 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.

  • Deposit of 10% and Buyer’s Premium 5% plus VAT, payable immediately after the auction
  • Balance of the purchase price plus VAT if applicable, payable on registration of transfer
Register & Bid on AllSurplus

Event Details

Bidding Opens: March 29, 2022 9:00 am

Bidding Closes: April 5, 2022 12:00 pm

Asset Location: Germiston, Gauteng

Viewing Details: Strictly by appointment

Contact Details

Contact: Eben Oor

Email: eben.oor@liquidityservices.com

Mobile: 083 316 9094

Telephone: 0860 00 00 10