AUCTION SALE OF A VACANT STAND IN THE CANYON GAME RESERVE, SOUTHWEST OF HOEDSPRUIT DEVELOPMENT PROPERTY AUCTION IN REGISTRATION DIVISION KT, LIMPOPO AUCTIONED BY ELI STROH AUCTIONEERS

Duly instructed thereto by the joint liquidators of Kaap Vaal Trust (Pty) Ltd in the matter of THALLOS CC (IN LIQUIDATION) with Master’s Reference Number: L104/2021, we will sell by public auction on:

LOCATION:

Property is located approximately 20km Southwest of Hoedspruit on the Jongmansspruit road.

Auction arrows will be erected.

AUCTIONEERS NOTE:

This is a good opportunity to obtain a 1-hectare residential stand in a well-known game reserve.

All prospective buyers are advised to attend the auction. Viewing by appointment with the auctioneers or visit our webpage.

CONDITIONS OF SALE:

10% (TEN PERCENT) deposit and 6% auctioneers commission as well as 15% VAT on day of the auction and the balance to be paid by EFT or acceptable guarantees to be delivered within 30 (THIRTY) days after date of confirmation, confirmation within 14 (FOURTEEN) days after date of sale.

The rules of auction and sale conditions will be read out prior to the sale, terms and conditions available on request or on our website.

All potential buyers to register before the auction and proof of identity and residential address are required.

We reserve the right to cancel the auction without notice.

PROPERTY:

Portion 53 of the farm Jongmansspruit 234, Registration Division KT, Maruleng Local Municipality, Limpopo

Measuring: 1.0008ha

DESCRIPTION:

Unimproved residential stand