Power Of Attorney Auction Of ±19ha Of Agricultural Land With Multiple Improvements, Westonaria- Gauteng
On site Auction Starts: 3 August 2017 12 PM Duly instructed by the Absa Bank.
This agricultural land enjoys two guest room blocks with five to six guest rooms (each with own bathroom and sitting area) and offers various entertainment/function halls (with kitchen and ablutions), and much more.
General description: Agricultural land boasting an extent of ±19Ha. Enjoys two guest room blocks with five to six guest rooms (each with own bathroom and sitting area). It also offers various entertainment/function halls (with kitchen and ablutions), recreation swimming pool, bar areas, staff rooms, spray booth/panel shop, workers accommodation, various carports with ample parking, a motor sport "Spinning Circle" used for motor sport spinning and building entrance canopy and ticket office when "spinning" events are hosted. For information on all improvements, please request property information pack from our offices.
Locality: Situated in Westonaria, which is known to be west of Gauteng province of South Africa. Directions to the property: From Randfontein take the R28 in a northerly direction towards Krugersdorp. The farm is directly on the R28 approximately 28km from Randfontein and 48km from Krugersdorp. The entrance on the R28 is indicated by a “Lido Sand†sign.
Executive summary: - Remainder Portion 5 of Farm Jachtfontein No 344, Reg Div: IQ, Gauteng - Along theR28 Regional Road, Westonaria, Gauteng (GPS:26 °25’07.7â€s 27 °43’25.9â€E) - Total land extent: ±19Ha (Boasting multiple improvements) Auction notes: - Please note that in order to register to this auction we require; proof of payment and FICA documentation. - 14% VAT is applicable to the buyer's premium and purchase price may be subject to transfer duty 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: 14% Inspection details:
For more information, contact Pieter Rushmer
Additional notes: This auction is governed by the Consumer Protection Act – Act 68 of 2008 (South Africa). The Bidders attention is drawn to the following: - The Rules of Auction can be found under the downloadable documents tab - The property will be sold “Voetstoots†and on “AS IS – WHERE IS†condition. It is the buyer’s responsibility to perform an inspection of the property prior to the auction. - The Sale of the Property 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; - R10 000 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
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