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View this amazing two bedroom apartment on auction in Strand, Western Cape

Liquidation auction in Strand - Western Cape of a

Lots Closing: 23 May 2019 from 01:00 PM ZA

By order of Power Rush Trading 266 CC (In Liquidation). Masters Ref No: C798/2018

Live on-site liquidation auction of 2 bedroom apartment in Strand, Western Cape

Items that will be auctioned include:

2 bedroom apartment in Strand - Western Cape

This two bed apartment is ideally situated along a vibey Strand beach front close to all amenities. Both bedrooms offer an en-suite, the lounge and main bedroom has an uninterrupted breath-taking views of the beach. It further enjoys, open plan lounge/dining room/kitchen area, scullery, laundry and guest toilet. It has 1 parking bay and the building is well secured with 24 hour on-site security guards. Dont miss out on an opportunity to feel like you are permanently on holiday....

Executive summary:
Section 209, SS Ocean View, City of Cape Town, Western Cape
36 Beach Road, Strand
±145m²

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 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: 24 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:   23 May 2019 12:00 PM
    Bidding Closes:   23 May 2019 01:00 PM

    Asset Location:
    Unit 209, Ocean View, 36 Beach Road, Strand, Western Cape

    Viewing Details:
    05 May 2019 from 14:00 to 16:00

 Contact Details
  • Contact:   Casper Rossouw

    Email:   casper.rossouw@liquidityservices.com
    Mobile:   +27 (0) 82 459 8877
    Tel:   +27 (0) 21 702 3206

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