TIMED ONLINE AUCTION OF A 2-BED APARTMENT NESTLED IN THE COASTAL TOWN OF UVONGO BEACH, KZN SOUTH COAST RESIDENTIAL PROPERTY AUCTION IN UVONGO BEACH, KWAZULU-NATAL AUCTIONED BY PETER MASKELL AUCTIONS CC

Duly instructed by the Liquidators of Laurentium Financial Consultants CC (in Liq.), Master's Ref.: T002022/2021

Unit no. 31 SS Seascape Lodge, 79 Marine Drive / Lot 22 Nicholson Av, Uvongo Beach in extent of 40m²

Seascape Lodge is located in Uvongo Beach, and is located approximately 200m from the Uvongo Beach. The complex comprises a total of 44 units both ground and upper level units. The subject property is a ground-level unit and consists of an open plan fully-fitted kitchen and living room, bathroom and two bedrooms. The door to the main bedroom divides the lounge and second bedroom. The unit is allocated an undercover parking.

Complex facilities: Communal pool, Communal braai area and Controlled access

Timed Online Auction through our APP: https://bidlive.maskell.co.za/

Bidding opens on 22nd May 2024 at 10h00 & closes *from 10h00 on 23rd May 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.

Contact: Danielle Hoskins (Candidate Property Practitioner) on 082 801 6827 / 033 397 1190

Terms: • R50000 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; • 10% deposit on the purchase price payable on fall of hammer by successful bidder; • 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 0.7% 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.