Vacant Land / Plot On Auction in Heatherlands

AUCTION DATE : THURSDAY , 14 NOVEMBER 2024 , AT 10H00

VENUE : 54 C J LANGENHOVEN STREET , GEORGE , WESTERN CAPE

Seize the opportunity to invest in a highly sought-after area of the Southern Cape, where property demand is on the rise. This vacant stand, located on a main street across from the George Golf Course. This vacant property offers significant development potential; whether for a spacious family home or smaller units this stand is perfectly positioned for growth. Accessible through a shared electric security gate at 54 C.J. Langenhoven Street, the stand features old trees and a lush gardens.

- Stand Size: 1680m²

- Rates & Taxes : ± R 2560 p/m

- Zoning: Single Residential Zone 1

VIEWING:

- Wednesdays, 30 October, 6 & 13 November from 12:00-14:00

IMPORTANT INFORMATION

The adjoining stand with a 3-bedroom dwelling will be offered on auction on the same date and time (54 C.J. Langenhoven)

SUMMARY OF CONDITIONS OF SALE

THE HIGHEST BIDDER/PURCHASER SHALL BE BOUND TO THE FOLLOWING CONDITIONS OF SALE:

* 10% Deposit payable into the auctioneer’s trust account within 24 hours after the fall of the

hammer.

* 6.5% + VAT buyers commission payable to the auctioneer within 24 hours after the fall of the

hammer.

* The purchaser shall within 30 days of acceptance of this offer furnish the Seller’s

* Conveyancers with an acceptable guarantee for payment of the balance of the purchase

price or in cash to the conveyancer’s trust account.

* Transfer duty payable.

* The sale is NOT SUBJECT to any suspensive conditions.

* All costs in respect of giving and taking of Transfer (Seller will appoint conveyancer).

* No arrear municipal rates & taxes payable by the Purchaser.

* The SELLER shall at his own cost obtain the COC's in respect of electrical and gas

installations as well as the Beatle certificate.

* The period for higher offers ends on Tuesday, 19 November 2024 @ 12:00 noon. The seller

will accept/decline the highest offer by Friday, 22 November 2024 @ 12:00 noon. The seller

reserves the right to accept or decline the offer at any point in time during this period.

The highest bidder is held bound by his bid until 12:00 noon on Friday, 22 November 2024.

* This property is being sold subject to confirmation by the seller.

* Occupation upon registration or earlier negotiated.

* The property is purchased and sold “voetstoots” as is and the seller shall not be liable for

any defects, patent, latent, or otherwise in the property nor for any damage occasioned to

or suffered by the purchaser by reason of such defect. The Purchaser confirms that he or

she has affected the necessary enquiries with the local authority regarding compliance or

non-compliance of improvements located on the property in respect of statutory

requirements.

* The existing house and outbuilding on Erf 7190 George are definitely older than 60 years and

are protected in terms of the National Heritage Resources Act 25 of 1999.

* The auctioneer or his agent shall be entitled to bid up to the reserve price but not matching

or exceeding the reserve at the auction on behalf of the seller or as a proxy for a registered

bidder.

REGISTRATION REQUIREMENTS:

- Onsite Bidders: FICA documents (ID & proof of residential address).

- Online & Telephone & Proxy Bidders: R10,000 deposit & FICA documents.

PLEASE NOTE: The above information and conditions may be amended up until the date of the auction.

Should you have enquiries on how to sell your property or movable assets on auction, kindly contact Frederick Bekker.