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Auction Station > Auctions > , , , , , > PRIME Commercial / Residential Building Quigney – Bid CLOSING 28 November

PRIME Commercial / Residential Building Quigney – Bid CLOSING 28 November

  • Current Bid:

    R6,000,000.00

  •  

Auction ID:
#4805
Reserve:
Reserve price met.
Posted on:
1st of November 2019 at 1:29 PM
Time Left:

14622337

Watch List:
Item Specifics
Registration Fee RequiredR50 000
Bidding Instructions* Register Account * Pay Registration fee (Refundable) * Email proof of payment to verify account * Place Tender Bid * Do Not wait until the last minute to register! *Winning Bidder to pay 15% Deposit into trust account.
Description

Commercial / Residential Block of flats on Tender in Quigney

Total 47 ROOMS – FULLY LET

ONLY 1KM AWAY FROM UNIVERSITY OF FORT HARE AND MUNICIPAL OFFICES
Availability of a similarly located block in the suburb of Quigney, in proximity of tenant needs
is simply not readily available – this opportunity is a very rare find

Erf Size: 880 m2
30 Ganteaume crescent, Quigney

ONLINE AUCTION Bids OPEN on the 1st Of November at 12h00 and CLOSES on the 28nd of November at 18h30

Please Note: this is a VAT applicable property.

Contact Marcel – 072 850 1101 or Gerrie – 082 296 9427 for more information or assistance to place a bid

DOWNLOAD BIDDER PACK HERE

How the process works:

  1. Download the bidder pack above – make yourself familiar with the property
  2. Chat to the agent regarding auction range and how the auction works
  3. If need be apply for PRE-AUCTION finance before hand – click the link to complete the form
  4. Complete the terms and conditions – email or contact your agent
  5. Click to Sign the NDA to access further info: Rent Roll, Title Deed etc
  6. Pay your refundable registration fee – Pay
  7. Place your bid – and monitor the process closely right until 12H00 in order to protect your bid.

 


  • PLEASE NOTE: Should you not have the full bid price cash or need part bank finance please contact the agent for assistance in making your bid. We have various partnerships and offer PRE-AUCTION Finance

  • COSTS and SPECIAL CONDITIONS

    R50 000 refundable registration fee.

    Auctioneers commission of 10% (exc Vat) is added to the bid amount.
    The seller is responsible for vacant occupation on transfer
    The highest bidder will be required to pay a deposit of 15% of the purchase price immediately into the Thompson Trading Trust Account.
    The balance of the total purchase price is required within 30 days of acceptance or when called for by the conveyancer.

    AUCTIONEER

    Brendon Thompson

    Thompson Trading

    6 Batting Road, Beacon Bay, East London

    E-mail: admin@tpsel.com

    Tel: 085 300 1000

 

 

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