Multiple Property Auction – Western Cape and Gauteng

Online multiple property auction across Western Cape and Gauteng - Featuring 6 bedroom family home within Irene (GP) 2 x bachelor flats within Springs (GP) and residential dwellings within Strand, Khayelitsha and Macassar (WC) - all priced to sell!
Lot Closing: 22 July 2020 from 12:00
Sale Method: Online Auction
By order of:

ABSA bank as Power of Attorney and the Liquidators representing Vermont Management Services CC (In Liquidation). Masters Ref No: C419/2019.


Note: catalogue subject to change.

Featuring  2x bachelor flats within Springs and residential dwellings within Strand, Khayelitsha and Macassar – all priced to sell.


  • Lot 1 & 2 – Door No 10 & 22, Shorborough Court, 100 2nd Avenue, Springs (Unit sizes: ±74m² & ±78m²)
  • Lot 3 – 52 Makabeni Road, Khayelitsha, Western Cape (Extent: ±179m²)
  • Lot 4 – 104 Mandela Drive, Macassar, Western Cape (Extent: ±123m²)
  • Lot 5 – 64 Ndzuzo Street, Nomzamo, Strand, Western Cape (Extent: ±165m²)
  • Lot 6 – 2 Village Drive, Village View Estate, Irene, Gauteng (Extent: ±716m²)



Auction Notes:

To be approved for bidding, we require: completed participation form (under downloadable documents), proof of payment of registration fee of R5 000, and FICA documents.

Buyers Premium:




Payment Type:

Wire Transfer


The Bidders Attention Is Drawn To The Following:


Auction Notes

  • Bidders and participants who wish to take part in the auction are required to register online prior to the event.
  • Registration and approval of your bidding status is subject to completion of the registration form, submission of your FICA documents, declaration of interest and authority & consent to perform credit bureau profile verification and upon receiving proof of payment of the R5 000 which is a refundable deposit & may be payable by a bank guaranteed cheque or Electronic Fund Transfer (EFT).
  • Bidders are advised to make themselves aware of all property features including but not limited to the property information packs which include the specific Conditions of Sale for each property, Title Deed, Zoning and SG Diagrams. GoIndustry DoveBid and the Sellers do not warrant the accuracy of the information and we have taken the information as being correct at the time of auction. All interested bidders are to familiarise themselves with the properties and perform their own assessment thereon.
  • The sale of these properties are subject to Value Added Tax charged at 15%.
  • Deposit of 10% and Buyer’s Premium 5% plus VAT to be paid immediately upon receipt of the auction invoice and the balance of the purchase price (plus VAT)on registration of transfer.
  • Please note, the Lot Catalogue is subject to change and we therefore reserve the right to amend the website accordingly.


Bidding Opens:

17 July 2020 at 17:00

Bidding Closes:

22 July 2020 from 12:00

Asset Location:

Springs & Irene (GP), Nomzamo. Macasser & Khayelitsha (WC)

Viewing Details:

Contact for appointment



Catherine Pritchard


021 702 3206