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PROPERTY AUCTION AUCTION 3 Bedroom, 3 Bathroom House - Mondeor

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PROPERTY AUCTION AUCTION 3 Bedroom, 3 Bathroom House - Mondeor LENASIA PROPERTYPROPERTY AUCTION AUCTION 3 Bedroom, 3 Bathroom House - Mondeor Garden and Swimming Pool Fixer Upper in a Superb Suburb ERF 1139, Mondeor, Johannesburg South BANK INSTRUCTION Auction Date: 24 February 2021 @ 11:00 am WH Auctioneers Properties (PTY) Ltd 578 16th Road, Randjespark, Midrand Venue: ONLINE - Webcast Tel: 0115745700 Auctioneer: Daniel Pelkowitz/Joshua Pelkowitz www.whauctions.com Contact for further info: Sergio Ferreira Cell: 072 826 4855 • Email: [email protected] The auction is conducted in terms ofDaniel the Regulations Pelkowitz 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. Cell: 072 360 7510 • Email: [email protected] Page | 1 BANK INSTRUCTION Mondeor Home Index 1. Guideline for the Auction Page 3 2. General Page 6 3. Title Deed Information Page 6 4. Locality Page 6 & 7 5. Property Description Page 8 & 9 6. Site Pictures Page 10 & 11 7. Municipal Account Page 12 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. Page | 2 BANK INSTRUCTION Mondeor Home 1. GUIDELINE FOR THE AUCTION BIDDING OPTIONS: 1. WEBCAST BIDDING (PROCEDURE BELOW) Auction Date & Venue: 24 February at 11:00 am – Webcast Bidding Registration: Bidders can register at any time prior to auction by contacting the auction house. Identity and FICA documents are required in order to register for the auction. All potential buyers are required to pay a registration fee of R25 000 in order to bid at the auction. This amount can be paid either by bank guaranteed cheque or EFT into the Auctioneer’s trust account. Cash will NOT be accepted at the venue. 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 accept the Terms and Conditions set out in the Rules of Auction. Registration Fee: R 25 000.00 (Refundable to unsuccessful bidders) Deposit: 15.75% of hammer price Confirmation period: 14 Business days. 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 purchase price. Example: Highest bid with buyer’s premium Bid Price: R 1 000 000 Buyers comm. (5%) R 50 000 15% VAT on the Buyer’s Premium R5 700 Total Purchase Price R 1 057 000 The auctioneers have the right to regulate the bidding at the auction and to bid on behalf of the seller 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 percentage is made up of the commission payable by the successful bidder of 5% plus VAT (namely,5.75%) plus a 10% deposit on the purchase price of the Property. The deposit is payable by way of a Bank Guaranteed cheque or electronic transfer. The deposit and buyer’s premium are deposited into the WH Auctioneers Trust account. For queries regarding the properties on auction contact: Sergio Ferreira: 072 826 4855 WH Auctioneers offices: 011 574 5700 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. Page | 3 BANK INSTRUCTION Mondeor Home 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. Page | 4 BANK INSTRUCTION Mondeor Home 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. Page | 5 BANK INSTRUCTION Mondeor Home 2. GENERAL Property Address: 175 Chelverton Avenue, Mondeor Erf no, Suburb & City: 1139, Mondeor, Johannesburg South 3. TITLE DEED INFORMATION Deeds Office: City of Johannesburg Title Deed No. T63390/1996 Erf Size: 1169m² 4. LOCALITY Mondeor is a suburb of Johannesburg, South Africa. It is located in Region F, of the City of Johannesburg Metropolitan Municipality. Mondeor, is the location, of the Southgate Shopping Centre. Mondeor was known as the Jewel of the South. It is set amongst rolling hills, away from the sight and sound of the city, yet only fifteen minutes drive, from the city centre of Johannesburg. 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. Page | 6 BANK INSTRUCTION Mondeor Home 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. Page | 7 BANK INSTRUCTION Mondeor Home 5. DESCRIPTION OF IMPROVEMENTS This property is a single storey structure with a small loft area. The main house consists of the following: 3 Full Bedrooms with built in Cupboards. All bedrooms are north facing with burglar proofing and laminated flooring. The main bedroom has an en suite bathroom with a large built in bath and shower. 3 bathrooms (main en suite) The entrance of the home is south facing and has a small sun patio with burglar proofing. As one walks into the home you are met with the dining room which is private to the kitchen. There is a linen cupboard in this space. The kitchen has abundant cupboards which includes a vegetable pull out draw. Central island with granite tops and appliances. As the kitchen is also north facing the natural light in the kitchen is superb. TV room with access onto the covered patio. Guest lounge with a full bathroom. Second floor loft area which can be accessed by stairs which is situated in the TV room area. This space can be used as a play area, library or even an office. Additional Features: Swimming Pool Washing line Manageable Garden Parking: Double Garages with double size parking space. Space on the driveway for at least 2 vehicles. Summary Roof: Tiled pitched roof External Walls: Facebrick and plastered Internal Walls: Plastered and painted/partially tiled 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. Page | 8 BANK INSTRUCTION Mondeor Home External Floors: Paving/grass and tiles Internal floors: Wood and Tiles Condition: The property is in an average condition and requires maintenance. Patio roof has holes and water damage. The swimming pool is not usable - (no pump, no motor). The garage roof has partially collapsed. The gate motor has been stolen. Kitchen cupboards need repairs. Exterior wall needs painting (paint is peeling) 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. 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. Page | 9 BANK INSTRUCTION Mondeor Home 6. SITE PICTURES 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. Page | 10 BANK INSTRUCTION Mondeor Home 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. Page | 11 BANK INSTRUCTION Mondeor Home 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. Page | 12 .
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