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  • Tuesday, 11 July 2017-11:00, 2 Bedroom flat in Pretoria Gardens


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Tuesday, 11 July 2017-11:00, 2 Bedroom flat in Pretoria Gardens

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This is a great investment opportunity! Ground floor  flat with two bedrooms and one bathroom. Lovely little kitchen and enough cupboard space.  Also ideal for a small family. The premises are very well maintained as well.  Don't miss the auction on this one!  You've got to be in it to win it!




Auction Date Tuesday, 11 July 2017 - 11:00
Auction Category Upcoming Auctions
Short Description 2 Bedrooms, 1 Bathroom, Best investment
 Address  19 Garden Square, 467 Hanny Street, Pretoria Gardens, Gauteng, South Africa
GPS -25.7235, 28.1568
Viewing Date Tuesday, 11 July, 2017 - 10:00
Auctioneer Johan van der Merwe
Tel 079 947 2926 / 012 993 0002
E-Mail This email address is being protected from spambots. You need JavaScript enabled to view it.
Status To be confirmed




Terms & Conditions


Seller:          The auctioneer will announce the details before the auction takes place.


Address:       ON SITE AUCTION – The auctioneer will announce the property description
before the auction takes place.


Stand Size: The auctioneer will announce the size of the property before the auction takes place.


1.          This sale is subject to a 3 business day confirmation period starting the day after the auction was held.


2.          No offers will be accepted after the Auction.


3.          The Purchaser/highest bidder is liable/ obliged to pay:


3.1          3% deposit towards the property.


3.2          7% buyers commission on top of the purchase price.


               These payments must be paid by means of EFT or direct bank deposit directly after the auction.  No cheques / cash will be accepted.  Total: 10%


3.3          Both the deposit and commission as stated will be refundable to the highest bidder should the


               Seller decline the highest bidder’s bid.


3.4          In the event that the highest bidder’s bid is accepted by the seller the 10% paid by the highest  bidder will become non-refundable.


4.          Guarantees must be delivered by the purchaser within 30 calendar days after the date of confirmation.


5.          No guarantees are given by the seller. The property is sold as is “Voetstoots”.


6.          Occupation of the property will be given on Acceptance by the Seller.


6.1  On date of acceptance by the seller, both the risk of profit and loss will pass to the purchaser/highest bidder.


  7.     Occupational interest will be calculated at 1 % per month on the full purchase price and is payable one month in advance to the    transferring attorney


8.     The SELLER gives no warranty or guarantee that the PURCHASER will obtain vacant occupation of the property and the PURCHASER shall have no claim of whatsoever nature against the SELLER to obtain vacant occupation.


9.     All rates, taxes AND LEVIES will be paid up until date of Acceptance by the Seller.


10.   The seller will appoint the transfer attorneys.


11.   The Bond attorneys will be appointed by the Bank / Bondholder.


12.   The purchaser will, in addition to the purchase price, be responsible for the payment of value added tax (VAT) should the Seller   be a registered VAT vendor.


13.   The auctioneer’s decision will be final and binding.


14.   The Seller reserves the right to decline the highest bid.


15.   The purchaser will be responsible to acquire a COC (Certificate of Electrical compliance) and a borehole certificate and a certificate to prove that the water is acceptable for human consumption.


16.   Should the purchaser not adhere to any of the above conditions the auctioneer will reserve the right to terminate the contract and resell the property to any other person without notice.


17.   The Auctioneer reserves the right to bid on behalf of the seller up until the reserve price has been reached.


18.   If required the purchaser must sign an addendum which stipulates the rules of the estate



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