Live Auction Of A Residential Family Home In Durbanville, Western Cape, South Africa

Live Auction, Started: 5 Mar 2013 1:00 AM PST

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By order of Progressive Administration (Cape) (Pty) Ltd. Masters Ref Number C848/2012

Live auction of a residential family home in Eversdale, Durbanville, Western Cape, South Africa

Featuring:

Large family home in Eversdale, Durbanville

General description

The home enjoys the accommodation of four bedrooms with built-in cupboards , two family bathrooms comprising of a bath, water closet, shower, and basin, plus one small en-suite in masters bedroom.
The remainder of the house boasts an entrance hall, spacious lounge with dining room, study, entertainment area with built-in braai. The kitchen has built-in Cherry cupboards, post form countertops with a built-in oven, hob, as well as extractor fan, plus laundry room and scullery.
The property enjoys a beautiful view of the outside garden with a luxury swimming pool plus access to a double garage.

Locality

The property is situated on Keurboom Street, in the heart of the residential suburb of Eversdale, within the greater Durbanville region, Cape Town. The property enjoys close proximity to the Durbanville Golf Club, numerous national retailers, hotels, banks, established educational institutions and is approximately 30km from the Cape Town CBD.

For locality of the property, click here

Executive summary

Erf 1941, Eversdale
12 Keurboom Street, Eversdale, Durbanville, Western Cape
Zoning :Residential
Measuring in extent of 1000m²

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Auction notes:

This sale may be subject to transfer duty

Notice to purchasers:

Buyers premium: 10% Deposit of 10% and Buyer's Premium plus VAT immediately after the sale, balance of the purchase price on registration of transfer
VAT/Tax: 14%
Inspection details: Viewing dates: 24 February & 03 March 2013 @ 14:00 - 17:00
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 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 asset will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the asset prior to the auction.
The Sale of the asset 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”

Currency: South Africa Rand
Auctioneer: GoIndustry DoveBid S.A. (Pty) Ltd.

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Downloadable Documents

Appendix A - Rules of Auction

Appendix B - Agreement of Sale

Information Pack

Rules Of Auction

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