±1579M² UNDEVELOPED STAND LOCATED IN THE PRESTIGIOUS ZIMBALI ESTATE, BALLITO RESIDENTIAL PROPERTY AUCTION IN PIETERMARITZBURG, KWAZULU-NATAL AUCTIONED BY PETER MASKELL AUCTIONS CC

Obo the Liquidators of JBV Logistics CC (in liquidation), Master’s Ref. No.: D000766/2021

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

Bidding opens on 23rd April 2024 at 12h00 & closes *from 12h00 on 24th April 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.

Introducing an extraordinary opportunity to own a piece of paradise in the prestigious Zimbali Coastal Resort, nestled in the heart of Ballito, South Africa. This vacant land offers the perfect canvas for creating your dream home or investment property in one of the most sought-after coastal destinations in the region.

Situated within a secure gated community, Zimbali Coastal Resort boasts world-class amenities and breath-taking natural surroundings. Imagine waking up to panoramic views of lush greenery, rolling hills, and the sparkling Indian Ocean just moments away from your doorstep.

Whether you envision a tranquil retreat for relaxation or a vibrant hub for entertaining guests, this vacant land provides the ultimate blank slate to bring your vision to life. With ample space to design and build your dream home according to your unique preferences, the possibilities are endless.

Entrance is from the South Gate off the M4 on Zimbali Drive. 

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

Terms: • R50000 buyer's card deposit payable by EFT • 10% deposit on purchase price • 6% + Vat agent’s commission payable by the purchaser on fall of hammer • FICA to be provided • “Above subject to change without prior notice • Sale 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; • Commission calculated at 6% (plus VAT) of the gross purchase price of the property (excluding VAT), will be due and payable by the PURCHASER to the AUCTIONEER on confirmation of the sale.  The amount shall be paid on the date of the auction; • Occupation and possession of the property will be given by the seller to the purchaser on date of registration of transfer; • 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; • Sale administration fee payable by the PURCHASER: R 5,000.00 plus VAT; • ZEMA and Zimbali Country Club costs (levy stabilisation, debenture etc.); • The purchaser MUST sign ALL the governing documents for the estate as they have to sign acknowledgement of having received and read these documents in Annexure F of the sale agreement.