LIQUIDATION AUCTION OF 4 PRIME SECTIONAL UNITS LOCATED IN REDBERRY PARK, PHOENIX: 79 RUSTON PLACE, PHOENIX, DURBAN RESIDENTIAL PROPERTY AUCTION IN DURBAN, KWAZULU-NATAL AUCTIONED BY PETER MASKELL AUCTIONS CC

Duly instructed by the Provisional Liquidators of Extreme Way ToGo (Pty) Ltd, Master’s Reference No. D000299/2023

Timed online auction: https://bidlive.maskell.co.za/ 

Bidding opens on Wednesday, 6th Nov. 2024 at 10h00 & closes *from 10h00, Thursday, 7th Nov. 2024

*Online Auction Notes: 

• If a lot receives a bid within the last 10 min. it will remain open for an additional 10 min

• If any further bidding occurs, the extension timer will reset to 10 min.

• If no further bidding activity occurs, the lot closes when the timer runs out.

Section number 38 of SS Redberry Park Scheme number: 289/1998 (54m²): 3-bedroom freestanding unit with fenced garden at the rear and an adjoining carport. 

Section number 167 of SS Redberry Park Scheme number: 394/1998 (50m²): 3 bedroom unit located on the first floor of a small block comprising of 4 units.

Section number 152 of SS Redberry Park Scheme number: 394/1998 (50m²): 3 bedroom unit located on the ground floor of a small block comprising of 4 units. 

Section number 285 of SS Redberry Park Scheme number: 444/2000 (44m²): 2 bedroom with open plan area, kitchen, bathroom with adjoining carport & small garden.

Terms: 

• R50,000 buyer's card deposit payable by EFT 

• FICA to be provided 

• “Above subject to change without prior notice 

• Sale is subject to confirmation 

• E&OE 

• *Bidding is subject to Automatic staggered ending times

Buyer’s costs and liabilities

• VAT or Transfer Duty shall be applicable;

• 15% deposit on the purchase price payable on fall of hammer by successful bidder;

• 6% + VAT auctioneer’s commission is payable by successful bidder on fall of hammer;

• Occupation and possession of the property will be given by the seller to the purchaser on date of registration of transfer;

• Should occupation be prior to transfer, the Purchaser shall pay Interest to the Seller from the date of occupation until date of registration of transfer - The monthly interest shall be 12% per annum of the purchase price;

• The PURCHASER shall at his own cost obtain all compliance certificates (as applicable) and any further or additional documentation for effective registration of transfer or occupation of the property.

• The sale is subject to the seller confirming his acceptance of the sale:

• The Seller in no way gives warranty that the Purchaser shall obtain vacant occupation, on the date of occupation.