Vacant Land / Plot On Auction in Stilbaai Oos

INSTRUCTED BY HESSEQUA MUNICIPALITY

ONLINE AUCTION

Bidding Start Time: Wednesday 13 November 2024 @ 09:00

Bidding End Time: Thursday 14 November 2024 @ 14:30

Registration is essential by Tuesday 12 November 2024.

For more information, please contact the listing agent.

DESCRIPTION:

• Property details: A portion of Erf 238 Still Bay East to be subdivided, rezoned and registered.

• Kindly refer to the Conditions of Sale for Terms & Conditions regarding the registration of subdivision.

• Erf Extent (once subdivided): 6,100m²

• The property is centrally located and borders the Pauline Bohnen Local Nature Reserve.

• Currently Zoned Public Open Space (Purchaser to rezone to Business Zone 1.)

• Showday: View at leisure.

PAYMENT TERMS:

10% Deposit & 3.5% Auctioneers fee (incl. VAT on fee); Payable on the fall of the hammer by means of EFT only. Balance payable on transfer.

The purchaser acknowledges that they will be responsible for all costs associated with the purchase of the property, which include but is not limited to the purchase price, land use application cost, advertisement cost (See Annexure B in Conditions of Sale), cost for rezoning and subdivision as well as the transfer fees and any other costs that may be incurred to effect transfer.

REGISTRATION REQUIREMENTS:

To bid at the auction you need to provide a copy of your identity document and current proof of residence (not older than 3 months) as well as a R20,000 refundable registration fee.

DISCLAIMER:

The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.

SPECIAL CONDITIONS:

• The purchaser will be responsible for the rezoning, subdivision and registration of the subdivision as well as the costs associated therewith;

• The purchaser acknowledges that they will be responsible for the rezoning of the property from Public Open Space to Business Zone 1;

• The purchaser acknowledges that they will be responsible for all costs associated with the purchase of the property, which include but is not limited to the purchase price, land use application cost, advertisement cost (See Annexure B in Conditions of Sale), cost for rezoning and subdivision as well as the transfer fees and any other costs that may be incurred to effect transfer .

• The purchaser will be will be responsible to connect to all municipal infrastructure, at its own cost, to secure the necessary municipal services on the property.

• The purchaser undertakes to relocate the Public Toilet currently situated on the property, according to the specifications of the seller and will also be responsible for any costs incurred to ensure the relocation. The seller will indicate the location of the newly established public toilet. The Public Toilet must be of similar size and must have at least, the same fixtures as the existing Public Toilet.

The Claremart Group is a leader in commercial and residential properties. We attract huge crowds to our auctions and consistently match and exceed the mandated price on properties sold under our hammer.