ON-SITE PUBLIC AUCTION

This property fetched R2,7m plus comm on auction.
🔴 Period for higher offers closes on 17 December 2021 @ 12:00
🔴 More info – Daniel 083 255 4245 | Wiidke 0833 777 390

LOW MAINTENANCE 5-BEDROOM DWELLING IN FERNRIDGE, GEORGE

Auction date: Tuesday, 14 December 2021
Time: 11:00
Venue: On-site, 6 Second Avenue, Fernridge, George

This double storey dwelling lends itself to more than just a 5-bedroom dwelling. The spacious first floor has access from the interior and exterior and can be utilised as a self-contained unit. Several outbuildings offer use as a studio, workshop or even additional accommodation.
The neighbourhood of Fernridge is lush and tranquil and a stone’s throw from amenities.

Property description
• Erf 15164 George
• Extent: 934m²
• Address: 6 Second Ave, Fernridge

Improvements
Dwelling (+- 300 sqm) consists of:
Ground floor
• 3 bedrooms
• 2 bathrooms
• Kitchen
• Lounge
• Undercover stoep with built-in braai

First floor:
• 2 bedrooms
• 2 bathrooms
• Kitchen
• Lounge
• Study / play room

Other improvements
• Extra length double garage
• 2 workshops
• Freestanding rondavel
• Sprinkler irrigation system in an established garden

Municipal information
Municipal Valuation: tbc
Rates & Taxes: +- R1500 pm

Summary of Conditions of Sale

• Purchaser pays 10% deposit & 7% commission (plus VAT) on day of auction.
• There will be a period for higher offers after the auction, which will close on 17 December 2021 at 12:00 noon. Any offer made after the auction will only be regarded as a valid offer if the deposit and auctioneer’s commission have been paid and cleared into the auctioneer’s bank account and the offeror has signed the Conditions of Sale before December 17th at 12:00 noon. The sale shall be subject to confirmation by the Seller by 20 December 2021; however the Seller may accept or decline the offer before 21 December 2021.
• The highest bidder will be held bound to his bid until 23 December 2021, 12:00 noon.
• Balance purchase price payable against registration of transfer
• The Purchaser shall within 30 days of acceptance of this offer by the Seller, furnish the Seller’s Conveyancers with a guarantee by a registered financial institution and acceptable to the Seller, for the payment of the balance of the purchase price.
• Transfer Duty payable on purchase price by the Purchaser.
• OCCUPATION and POSSESSION of the property shall be given by the Seller to the Purchaser on the date of registration of transfer into the name of the Purchaser, when all benefit and risk in the property shall pass to the Purchaser.
• All conveyancing work in connection with the transfer of this property shall be effected by the
Seller’s attorneys. All costs to the giving and taking of transfer and registration will be paid for by the
Purchaser.
• The Seller shall be bound to provide on date of registration, if needed, at his cost the following:
– COC for electrical installation
– COC for gas installations
– certificate that confirms that the property is free from timber infestation
• Property sold VOETSTOOTS
• Telephone bidders will be requested to pay a deposit of R100,000 before the auction. The deposit is fully refundable within 48 hours after the auction and without any costs if the bidder is not the highest offeror at the auction.
• FICA documents – ID document/company registration & proof of address – required for registration

Enquiries

044 878 2877

Daniel 083 255 4245

Lize 082 352 8992

Wiidke 0833 777 390