Midrand, guinea fowl valley estates, president park plot

ON SITE AUCTION

DECEASED ESTATE

WITH 16 INCOME PRODUCING COTTAGES

ESTATE LATE : W.M.R VAN MOL
MASTER OF THE HIGH COURTS REF NO: 031800/2022

Duly instructed by the Executor in the above matter we will sell, entirely without reserve, subject to confirmation by the Master of the High Court and Executor, the following fixed property:

Fixed Property:

This property measuring 2,5696 ha in extent, comprises of 12 residential dwellings and 4 huts which are all income-producing.

The dwellings are all constructed of semi facebrick under a tiled roof and vary between 1 and 2 bedrooms with a kitchen, lounge and bathroom.

The 4 huts are constructed of split pole under a corrugated iron roof with communal ablutions.

There is one unfinished two-story face brick home.

The property is serviced by borehole water only and Eskom power.

Each unit is fitted with a solar/electric geyser.

The property is fenced in brick and palisade.

If fully let, the potential gross monthly income would be between R60 000-R70 000.

ON :

WEDNESDAY 20TH SEPTEMBER 2023
@ 12:30 P.M. SHARP ON SITE

VIEWING:

TUESDAY 19TH SEPTEMBER 2023
10:00 A.M. TO 3:00 P.M. STRICTLY

AT :

NO 67, TRICHARDT CRESCENT, GUINEA FOWL VALLEY
ESTATES, PRESIDENT PARK, AH

TERMS:

Property:

A deposit equivalent to R75 000-00 strictly by way of EFT the day prior to the auction sale.

Guarantees for a balance of purchase price within 60 days from date of confirmation.

FICA REQUIREMENTS IN ORDER TO REGISTER

Private Bidding:

• Certified Copy of proof of residence – not older than 3 months
• Certified copy of ID.

Company Bidding:

• Certified copies of current proof of home address of each member
• Certified copies ID Document of each member
• Representatives of a company must have a proxy letter and proxy’s ID
• Certified copy of proof of business address
• Certified copy of CK1
• Certified copy of CIPRO
• Certificate copy of SARS certificate

PLEASE NOTE WITHOUT THE ABOVE FICA DOCUMENTS AND DEPOSIT YOU CANNOT REGISTER AND WILL THEREFORE NOT BE ABLE TO BID.

All of the above is subject to change without prior notice.