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POA

Commercial Property On Auction in Moreleta Park

Moreleta Park, Pretoria
  • Erf Size 1 462 m²
    • m²: 1 462 m²
    • Hectares: 0.146 ha
    • Acres: 0.361 acres
  • AUCTION
Upcoming Auction: Exquisite 15 Bedroom Guesthouse in Pretoria East

ONSITE AUCTION: Tuesday 4 February 2025 @ 11:00 Viewing @ 10:00

This amazing property is situated very centrally in Rubenstein Road in Pretoria East. It’s close to malls, schools, hospitals, churches, the casino, country clubs and 20km from the airport. It is situated where there is quick access to major highways. 12 Luxurious on-suite rooms and secure parking. This Boutique Guest House also offers a beautiful entertainment area with a bar and function room that can be rented out. Don’t miss out on this beautiful property!

TERMS AND CONDITIONS

7% Buyers Commission: This sale is subject to a 3-business day confirmation period starting the day

after the auction was held.

1. No offers will be accepted after the Auction.

Bidding / buying requirements registration

3. Any Prospective bidder is obliged to:

3.1 Register to bid on the auction with Proof of ID...

ONSITE AUCTION: Tuesday 4 February 2025 @ 11:00 Viewing @ 10:00

This amazing property is situated very centrally in Rubenstein Road in Pretoria East. It’s close to malls, schools, hospitals, churches, the casino, country clubs and 20km from the airport. It is situated where there is quick access to major highways. 12 Luxurious on-suite rooms and secure parking. This Boutique Guest House also offers a beautiful entertainment area with a bar and function room that can be rented out. Don’t miss out on this beautiful property!

TERMS AND CONDITIONS

7% Buyers Commission: This sale is subject to a 3-business day confirmation period starting the day

after the auction was held.

1. No offers will be accepted after the Auction.

Bidding / buying requirements registration

3. Any Prospective bidder is obliged to:

3.1 Register to bid on the auction with Proof of ID document and FICA documents (any utility bill not

older than 3 months) and if a prospective bidder is bidding on behalf of any legal entity, such entity’s

FICA documents and mandates to bid, and

3.2 Pay before the auction a refundable deposit of R10 000 (TEN THOUSAND RAND) to participate in

such an auction. Should a Bidder be the highest bidder and he/she is unable to meet the auction

requirements in terms of payments; this registration fee will be forfeited. Deposit payments to be

made to: Contact us for banking details.

Payments

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

4.1 7% buyer commission (plus VAT) on top of the purchase price. This payment must be paid using

EFT or direct bank deposit directly after the auction. No cheques/cash will be accepted.

4.2 The commission as stated will be refundable to the highest bidder should the Seller decline the

highest bidder’s bid.

4.3 If the highest bidder’s bid is accepted by the seller the 7% paid by the highest bidder will become

non-refundable.

5. The balance of the purchase price must be obtained using an approved bond and or cash payment

which approved bond or proof of payment must be delivered by the purchaser within 30 calendar

days after the date of confirmation. The Purchaser has 10 days thereafter to deliver either issued

bond guarantees and/or bank guarantees.

6. No guarantees are given by the seller. The property is sold as “Voetstoots”. (Section 55 of the CPA

does not apply to goods sold on auction)

7. Occupation of the property will be given on Registration

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 the date of Registration 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 transfer

costs, transfer duties, or value-added tax whichever is applicable.

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

14.The Seller will be responsible to acquire a COC certificate, electrical fence certificate, gas

certificate and/or a borehole certificate whichever is applicable.

15. in terms of Sect 45 of the Consumer Protection Act (Act 68/2008): • This is a “Auction” as

defined. • Each lot is a separate transaction. • A sale is complete when the Auctioneer announces its

completion for instance: “sold, the fall of the hammer, or any other. • customary manner” • The sale

is subject to a reserve or upset price. • the auctioneer reserves the right to bid on behalf of the

owner (either himself or any other person on his behalf until such • reserve price is reached)

16. The Purchaser regards these terms and conditions as binding on he/she/its executors, Legatees,

Heirs, and Successors in title and or assigned respectively, as specified during the announcements

irrespective of whether he/she/it is present at the time such announcements are made. Special

terms and conditions relating to each auction may be announced before the commencement of the

auction and/or during the auction.

17. If the Purchaser breaches any of these Conditions of Sale, he/she shall be liable to pay any cost

incurred by the auctioneer because of the breach, including but not limited to administration costs

and legal costs as between the attorney and own client including collection commission.

18. These Terms and Conditions constitute the agreement between the parties as to the subject

matter hereof and no agreement, representation, or warranty between the parties other than those

set out herein are binding on the parties. The parties accept these Terms and Conditions and confirm

that they have read and understood all the terms and conditions contained herein and agree that

they are bound hereto.

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

20. If required, the purchaser must sign an addendum that stipulates the rules of the estate.

Auctioneer - johan van der merwe

Listing number: P24-115337695, Image number: 1
Listing number: P24-115337695, Image number: 2
Listing number: P24-115337695, Image number: 3
Listing number: P24-115337695, Image number: 4
Listing number: P24-115337695, Image number: 5
Listing number: P24-115337695, Image number: 6
Listing number: P24-115337695, Image number: 7
Listing number: P24-115337695, Image number: 8
Listing number: P24-115337695, Image number: 9
Property Overview
Listing Number
115337695
Type of Property
Commercial Property
Listing Date
13 December 2024
Erf Size
1 462 m²
Bedrooms
13
Building Name
Angels Place
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Auction Details

04 February 2025, 11:00
610 Rubenstein drive, Moreleta park
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