|Registration Fee Required|
|Bidding Instructions||* Register Account * Pay Registration fee (Refundable) * Email proof of payment to verify account * Place Bid * Do Not wait until the last minute to register! *Winning Bidder to pay 15% Deposit into trust account.|
BANK STRESSED PROPERTY
Last plot in the sought after Nahoon Sanctuary estate! Approved plans available.
This north facing tranquil property boasts one of East London’s best view points of the Nahoon river. The secure estate has been the leading forefront of local architecture. Just a few seconds walk down the path and you will find yourself on the river’s edge with a ample space to dock your boats/barge.
Don’t miss out.
Contact Mike: 082 651 8993
How the process works:
By bidding on the auction, the bidder accepts and binds himself/herself to all the terms and conditions contained herein: https://auctionstation.co.za/home/wp-content/uploads/2020/06/TPS-ONLINE-Auction-Conditions-cash-offer-1.pdf
R10 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 conveyance.
The property will be knocked down conditionally and the Conditional Sale shall be binding upon the highest bidder and the second-highest bidder until the binding date and time referred to in the terms and conditions, subject to confirmation by the Seller who reserves the right of accepting or rejecting the highest bid.
Building restrictions as per rezoning and subdivision regulations and servitudes (Addendum A). https://auctionstation.co.za/home/wp-content/uploads/2020/06/ADDENDUM-A-Height-Restrictions-1.pdf
Signing the Home Owners association agreement to be formed.