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Deceased estate auction of a 3 bedroom family home Kensington, Cape Town, Western Cape

Deceased Estate Auction Of A 3 Bedroom Family Home

By order of Duly instructed by the executor of the Deceased Estate F Cozyn

Lots Closing: 06 Jun 2019 from 01:00 PM ZA

Live Insolvency Auction of a 3 Bedroom Family Home in Somerset West - Western Cape

Items that will be auctioned include:

Deceased estate auction of a 3 bedroom family home, Kensington, Western Cape

Boasting an extent of ±269m²

Semi-detached house with 3 bedrooms, bathroom, lounge and kitchen.

Executive summary:
Erf 14214 Cape Town, City of Cape Town Municipality, Western Cape
61 9th Avenue, Kensington
Extent: ±269m²

Locality:
Situated within the heart of Kensington in 9th Avenue. Opposite the Windermere Primary School and just a mere drive away from all amenities.

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%
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:   06 Jun 2019 12:00 PM
    Bidding Closes:   06 Jun 2019 01:00 PM

    Asset Location:
    61 9th Avenue, Kensington, Western Cape

    Viewing Details:
    For more information, please contact Catherine Pritchard

 Contact Details
  • Contact:   Catherine Pritchard

    Email:   catherine.pritchard@liquidityservices.com
    Mobile:   +27 (0) 79 794 6949
    Tel:   +27 (0) 21 702 3206

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