PROPERTY AUCTION LENASIA PROPERTY AUCTION 4 BEDROOM, 3 BATHROOM HOUSE, WITH
LARGE 2 BED COTTAGE
36 Waterfall Avenue l Craighall
Portion 3 of Erf 246 Craighall DEFAULT AUCTION
LIQUIDATION Pumpernickel Home Industry CC (In Liquidation) Master’s Ref: G102/2019
Auction Date: Saturday 4 April 2020 @ 12H00 WH Auctioneers Properties (PTY) Ltd Auction Venue: On Site: 36 Waterfall Avenue, Craighall
578 16th Road, Randjespark, Midrand Auctioneer: Daniel Pelkowitz
Tel: 0115745700
www.whauctions.com Contact for further info:
Peter Skafidas
The auction is conducted in termsCell: of the Regulations 083 226 relating 7960 to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserveEmail: unless [email protected] stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied. Page | 1
LIQUIDATION AUCTION
4 Bedroom House Plus 2 Bedroom Cottage 36 Waterfall Avenue - Craighall
Index
1. Guidelines for the auction Page 3
2. General Page 4
3. Title Deed Information Page 4
4. Locality Page 4,5
5. Description of Improvements Page 6,7
6. Site Photographs Page 8-11
7. Municipal Account Page 12,13
8. Building Plans Page 14,15
9. Liquidation Documents Page 16
The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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LIQUIDATION AUCTION
4 Bedroom House Plus 2 Bedroom Cottage 36 Waterfall Avenue - Craighall
1. GUIDELINES FOR THE AUCTION
Auction date & venue: Saturday 4th April 2020 @ 12pm, On Site.
Registration: Bidders can register any time prior to the auction or on auction day at the property. Identity document and FICA documents required.
All potential buyers are required to pay a registration fee of R25 000 in order to bid at the auction. This fee can be paid either by bank guaranteed cheque or EFT payment into the Auctioneers’ Trust Account.
Cash will NOT be accepted at the auction venue. Banking information will be provided when requesting registration forms. Once registered each buyer will be issued with a buyer’s card reflecting a buyer’s number.
Upon signature of the registration documents, all buyers will have acknowledged and accepted the Terms and Conditions set out in the Rules of Auction.
Registration Fee: R25 000.00 (Refundable to unsuccessful bidders) Deposit: 15.75% of Hammer Price. Confirmation period: 7 Business days. Guarantees: Balance of the purchase price payable within 21 business days after confirmation of sale.
The bid price excludes the buyer’s premium which is payable over and above the hammer price.
Example: Bid Price: R 1 000 000.00 Buyer’s Premium: 5% on bid price equating to R 50 000.00 plus VAT on the Buyer’s Premium VAT 15% on Buyer’s Premium: R 7 500.00 Total Purchase Price R 1,057 500.00
The auctioneers have the right to regulate the bidding and to bid on behalf of the seller at the auction up to (but NOT exceeding) the reserve price as mandated by the seller. When the auctioneer knocks down the property to the highest bidder the successful bidder will sign the Conditions of Sale on the day.
A deposit of 15.75% is payable on the fall of the hammer. This is made up of the Buyer’s commission 5% plus VAT = 5.75% and 10% deposit on the property price
The deposit is payable by way of a Bank Guaranteed cheque or electronic fund transfer. The deposit and buyer’s premium are deposited into the WH Auctioneers’ Trust account.
The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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LIQUIDATION AUCTION
4 Bedroom House Plus 2 Bedroom Cottage 36 Waterfall Avenue - Craighall
2. GENERAL
Property Address: 36 Waterfall Avenue, Craighall, Johannesburg
Erf & Suburb & City: Portion 3 of Erf 246 Craighall
Property Type: FREEHOLD PROPERTY
3. TITLE DEED INFORMATION
Deeds Office: Johannesburg
Title Deed No. T34570/2017
Erf Size: 1 500m2
4. LOCALITY
The subject property is situated in the Craighall.
Craighall is a suburb of Johannesburg, South Africa and is bordered by Hyde Park, Dunkeld and Parkhurst. It sits in between the busy arterial routes of Jan Smuts Avenue and William Nicol highway
The GPS Co-ordinates of the property are as follows:
S – 26˚10’80 E – 28˚02’51
The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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LIQUIDATION AUCTION
4 Bedroom House Plus 2 Bedroom Cottage 36 Waterfall Avenue - Craighall
The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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LIQUIDATION AUCTION
4 Bedroom House Plus 2 Bedroom Cottage 36 Waterfall Avenue - Craighall
5. DESCRIPTION OF IMPROVEMENTS
The subject property comprises of a single storey residential dwelling located in Craighall. The property consists of 4 bedrooms and 3 bathrooms broken up into a main house and a 1½ bedroom cottage.
Main House
The main house comprises 3/4 bedrooms, 2 Bathrooms, main bedroom en-suite. All bedrooms include built-in cupboards. The house has numerous reception areas including a lounge, enormous kitchen, scullery, laundry room, dining room, large patio, study, family room, TV room, a swimming pool and irrigated garden. The house also has a guest toilet, staff quarters, three motorised garages and additional parking available in the driveway.
There is also a large entertainment area complete with a full built-in bar as well as a built-in braai area.
The bedrooms are all well sized. There is an air conditioner in the main bedroom. The main bedroom has 2 large walk-in closets as well as a large bathroom with a jacuzzi bath and shower. The shower door is broken and needs to be replaced.
The house also has a walk-in safe.
Floors are a combination of carpets and tiles. Walls are plastered and painted brickwork.
Cottage
The cottage comprises and 1½ bedroom 1-bathroom unit complete with lounge, dining room and kitchen. The half bedroom can double up as a study. Bedrooms and kitchen include wooden built-in cupboards. The bathroom has a bath and shower. There is a separate access gate and door for the cottage.
Internal walls are plastered and painted brickwork, floors are carpeted and tiles.
External walls of the entire property are unfinished facebrick
Summary
Roof: Pitched roof with clay roof tiles supported by wooden roof trusses.
External Walls: Facebrick
Internal Walls: Plastered and painted brickwork
External Floors: Brick paving and tiles
Internal floors: Carpets and tiles
The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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LIQUIDATION AUCTION
4 Bedroom House Plus 2 Bedroom Cottage 36 Waterfall Avenue - Craighall
Staff Quarters: Staff quarters available
Condition: The property appears to be in a poor condition as it has not been occupied for some time. The power supply to the property has also been cut. The swimming pool is also in need of a service as well and being emptied, cleaned and refilled. The house internally is also in need of some maintenance. There is damage to the stoves as well as damage to the shower in the main bathroom. Internal and external walls are showing signs of wear and tear. A structural survey of the building has not been undertaken and will not form part of this report. All structural and maintenance information are as per information provided by the owners upon visiting the site.
Parking
There are 3 motorised garages as well as parking in the driveway. Wooden garage doors are operated by electric motors.
Site Access and Security
Access is gained to the from Waterfall Avenue. The site is secured by high external walls with electric fencing. There is also an alarm system which due to the lack of electricity could not be determined to be in working order. There is high security presence in the area.
The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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LIQUIDATION AUCTION
4 Bedroom House Plus 2 Bedroom Cottage 36 Waterfall Avenue - Craighall
6. SITE PHOTOGRAPHS
The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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LIQUIDATION AUCTION
4 Bedroom House Plus 2 Bedroom Cottage 36 Waterfall Avenue - Craighall
MAIN HOUSE
The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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LIQUIDATION AUCTION
4 Bedroom House Plus 2 Bedroom Cottage 36 Waterfall Avenue - Craighall
The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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LIQUIDATION AUCTION
4 Bedroom House Plus 2 Bedroom Cottage 36 Waterfall Avenue - Craighall
COTTAGE
The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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LIQUIDATION AUCTION
4 Bedroom House Plus 2 Bedroom Cottage 36 Waterfall Avenue - Craighall
7. MUNICIPAL ACCOUNT
The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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LIQUIDATION AUCTION
4 Bedroom House Plus 2 Bedroom Cottage 36 Waterfall Avenue - Craighall
The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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LIQUIDATION AUCTION
4 Bedroom House Plus 2 Bedroom Cottage 36 Waterfall Avenue - Craighall
8. BUILDING PLANS
Waterfall Avenue
The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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LIQUIDATION AUCTION
4 Bedroom House Plus 2 Bedroom Cottage 36 Waterfall Avenue - Craighall
The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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LIQUIDATION AUCTION
4 Bedroom House Plus 2 Bedroom Cottage 36 Waterfall Avenue - Craighall
9. LIQUIDATION DOCUMENTS
The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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