GoIndustry DoveBid Logo
GoIndustry DoveBid Phone0860 00 00 10
GoIndustry DoveBid EmailEmail Us
GoIndustry DoveBid Facebook IconGoIndustry DoveBid LinkedIn IconGoIndustry DoveBid YouTube Icon

Two neat Bachelor flats to be auctioned off live in Springs, Gauteng

Live auction in Springs - Gauteng of 2 bachelor fl

Lots Closing: 22 May 2019 from 01:00 PM ZA

By order of ABSA Bank as Power of Attorney

Power of attorney auction of 2 bachelor flats in Springs, Gauteng

Items that will be auctioned include:

1st floor bachelor flat in secured building

Unit 10: Situated on 1st floor and enjoys bedroom, kitchen, lounge/dining room, enclosed balcony and garage

3rd floor bachelor flat in security building

Unit 22: Situated on 3rd floor and enjoys bedroom, kitchen, lounge/dining room, enclosed balcony and garage.

The building is well secured with access control via an intercom system. It is perfect as a bachelor flat, student accommodation or if you are scaling down! It has great rental potential as well. Situated along 2nd Avenue within Springs just a mere ±30kms away from Boksburg within the Gauteng Province. It enjoys convenient access to the R29 Regional Road and within close proximity to all major amenities.

Executive summary:
Lot 1: Unit 10, Shorborough Court, Ekurhuleni Municipality, Gauteng Province
Lot 2: Unit 22, Shorborough Court, Ekurhuleni Municipality, Gauteng Province
100 2nd Avenue, Springs
Unit sizes: Unit 10 = ±74m² & Unit 22= ±78m²

Auction notes:
Please note that in order to be approved for bidding, you are required to send us; participation form (available under downloadable documents), proof of payment and FICA documentation.

Notice to purchasers:
Buyers premium: 5% deposit followed by 5% plus VAT of Buyers premium immediately after the same. The balance of the purchase price to be paid upon registration of transfer.
VAT/Tax: 15%
Payment date: 23 May 2019
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 from 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 assets 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 assets 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

 Event Details
  • Bidding Opens:   22 May 2019 12:00 PM
    Bidding Closes:   22 May 2019 01:00 PM

    Asset Location:
    Door No 10 and 22 Shorborough Court, 100 2nd Avenue, Springs, Gauteng

    Viewing Details:
    Please contact Pieter Rushmer

 Contact Details
  • Contact:   Pieter Rushmer

    Email:   pieter.rushmer@liquidityservices.com
    Mobile:   +27 (0) 83 710 7005
    Tel:   +27 (0) 21 702 3206

About Us
Contact Us
GoIndustry DoveBid Phone0860 00 00 10
GoIndustry DoveBid EmailEmail Us
Company Profile
Auctions & Sales
Our Services
Industries We Serve
FAQ's
Privacy Policy
Legal
Sitemap
GoIndustry DoveBid Facebook IconGoIndustry DoveBid LinkedIn IconGoIndustry DoveBid YouTube Icon
All content © GoIndustry DoveBid SA (Pty) Ltd 2019
Registration No: 1999/010629/07 | VAT Registration No: 4130181904