PROPERTY AUCTION 4 Bedroom House, 1 Bed Cottage
Large Garden, Double Stand
Highlands North, Johannesburg
101 10th Avenue l Highlands North
Erf 317 and 319 Highlands North, Johannesburg
INSOLVENT ESTATE
Insolvent Estate of Dale Eli Glajchen - Master’s Ref G1294/2019
ONLINE BIDDING VIA WEBCAST Auction Date: Tuesday 24 November 2020 11H00 Venue: Online @ www.whauctions.com Auctioneer: Daniel Pelkowitz WH Auctioneers Properties (PTY) Ltd 578 16th Road, Randjespark, Midrand Contact for further info: Tel: 0115745700 Daniel Pelkowitz Video Walkthrough www.whauctions.com
Cell: 072 360 7510 https://youtu.be/ED2gsSYqUeM Email: [email protected]
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4 Bed House, 1 Bedroom Cottage – Highlands North
Index
1. Guideline for the Auction Page 3
2. General Page 6
3. Title Deed Information Page 6
4. Locality Page 6
5. Description of Improvements Page 9
6. Site Photographs Page 11
7. Liquidation Documents Page 15
8. Municipal Accounts 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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4 Bed House, 1 Bedroom Cottage – Highlands North
1. GUIDELINE FOR THE AUCTION
Auction Date & Venue: Tuesday 24 November 2020 @ 11H00 ONLINE @ www.whauctions.com
Registration: Bidders can register at any time prior to auction. 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.
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: R25 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 VAT on the Buyer’s Premium R 7 500 Total Purchase Price R 1 057 500
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:
Daniel Pelkowitz: 072 360 7510 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.
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4 Bed House, 1 Bedroom Cottage – Highlands North
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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Sequestration
4 Bed House, 1 Bedroom Cottage – Highlands North
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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4 Bed House, 1 Bedroom Cottage – Highlands North
2. GENERAL
Property Address: 101 10th Avenue, Highlands North
Erf Details: Erf 317 and 319 Highlands North, Johannesburg, Gauteng 3. TITLE DEED INFORMATION
Deeds Office: Johannesburg
Title Deed No. T42937/2015
Combined Erf Size: 990m2
House Size: ± 320m²
4. LOCALITY
Highlands North is a suburb of Johannesburg, South Africa. It is located in Johannesburg. It is a small suburb surrounded by the suburbs of Oaklands, Waverly, Glenhazel and Orchards.
The subject property offers good access to the local amenities including shopping centres, synagogues and schools.
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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4 Bed House, 1 Bedroom Cottage – Highlands North
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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4 Bed House, 1 Bedroom Cottage – Highlands North
Cottage Laundry & SQ
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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4 Bed House, 1 Bedroom Cottage – Highlands North
5. DESCRIPTION OF IMPROVEMENTS
The subject property comprises of a single storey 4-bedroom, 3-bathroom residential dwelling as well as a 1- bedroom cottage located in Highlands North.
The house comprises 4 bedrooms, 3 Bathrooms. The main bedroom and 2nd bedroom are en-suite. All bedrooms include built-in cupboards. the en-suite bathrooms are complete with toilet, vanity and showers. The 2nd bathroom is complete with bath and shower. the bedrooms have access directly to the garden. the min bedroom has its own outdoor patio.
The house has ample reception areas – entrance hall, lounge, dining rooms, kitchen, large patio, and irrigated garden. The house also has a guest toilet, staff quarters and a garage and shade net parking with additional parking available in the driveway.
The house has a separate 1-bedroom cottage complete with living area, kitchenette and bathroom. There are separate staff quarters as well as a laundry room.
The front door opens onto an open plan reception area which opens into the kitchen, dining room and TV Room. The kitchen is well sized. The kitchen has been renovated and appointed with built in cupboards and granite counter tops.
The living area leads onto a covered patio which then leads into the garden.
Internal walls are plastered and painted brickwork, windows have aluminium window frames. Floors throughout the house are parquet flooring. Bathrooms are tiled. The outside patio is also tiled.
External walls – plastered and painted brickwork. The roof is a pitched roof.
The property measures approximately 370m2 under roof.
Summary
Roof: Pitched roof.
External Walls: Plastered and painted brickwork
Internal Walls: Plastered and painted brickwork
External Floors: Brick paving and tiles
Internal floors: Parquet flooring and tiles
Staff Quarters: Staff quarters available
Condition: The property appears to be in a good condition but does require maintenance. The CCTV cameras, front Gate and Intercom all need to be serviced. The parquet floors need to be sealed. There are also wall cracks in the 2nd bedroom doorway and the 2nd bathroom doorway which require urgent attention. There is evidence of damp in the
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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4 Bed House, 1 Bedroom Cottage – Highlands North
Cottage, Staff quarters and Laundry. There are areas in need of minor maintenance in terms of paintwork and minor repairs. The main gate motor needs servicing as well.
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 is one single garage as well as a shade net parking and parking in the driveway.
Site Access and Security
Access is gained to the site via the main access gate off 10th Avenue. The property does have a CCTV system an electric fencing. The CCTV system need to be repaired.
VIDEO WALKTHROUGH https://youtu.be/ED2gsSYqUeM
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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4 Bed House, 1 Bedroom Cottage – Highlands North
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.
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Sequestration
4 Bed House, 1 Bedroom Cottage – Highlands North
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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Sequestration
4 Bed House, 1 Bedroom Cottage – Highlands North
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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4 Bed House, 1 Bedroom Cottage – Highlands North
Cottage
Staff Quarters & Laundry
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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4 Bed House, 1 Bedroom Cottage – Highlands North
7. 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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4 Bed House, 1 Bedroom Cottage – Highlands North
8. MUNICIPAL ACCOUNTS
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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Sequestration
4 Bed House, 1 Bedroom Cottage – Highlands North
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 | 17
Sequestration
4 Bed House, 1 Bedroom Cottage – Highlands North
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 | 18
Sequestration
4 Bed House, 1 Bedroom Cottage – Highlands North
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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