GDID GOVERNMENT DISPOSAL PROPERTY ONLINE AUCTION
GDID GOVERNMENT DISPOSAL PROPERTY ONLINE AUCTION
Auction Open Friday 22 November 2024 @11h00
Auction Close Monday 25 November 2024 from 11h00
PROPERTY ADDRESSES:
- Lot 1:75 Walker Street, Rensburg, Heidelberg
- Lot 2: 4 Crawford Avenue, Solandpark, Vereeniging
Viewing: See individual lot information
Contact Theo Louw on 083 946 0218 or Nompumelelo Hlongwane on 076 069 3472 to schedule a viewing today.
TO PARTICIPATE IN THIS ONLINE AUCTION, PLEASE COMPLETE THE RULES OF THE AUCTION / BIDDER PARTICIPATION FORM (DOCUMENTS TAB)
By signing the Rules of Auction, you consent and agree to be bound by the Auctioneers General and Specific Rules of Auction in addition to any other conditions specified by the Auctioneer or the Seller. These Rules of Auction are not negotiable, so if you do not agree with them do not register to bid on this auction.
IMPORTANT INFORMATION:
- Invoices are made out to buyers/purchasers who are registered bidders in terms of clauses D (1) (1.5 – 1.8) of the Rules of Auction.
- In terms of Clause D (4) (4.9) of the Rules of Auction, No changes to purchase statements will be allowed, and the splitting of invoices among buyers is prohibited. The registered bidder is responsible for the payment of the full invoice.
- The registered bidder will be required to complete the Offer to Purchase. No transfers or exchanges to another person /company name will be entertained.
- Should the buyer’s details on the signed Offer to Purchase not match those of the registered bidder, the sale may be cancelled
Notice to Buyers & Disclaimer | |
Auction Registration Fee | R5000 (Refundable T&C’s Apply) |
Confirmation Period | 30 days confirmation by the seller |
Deposit on Purchase Price | 15% Payable by electronic transfer (EFT) |
Guarantees on Balance | 30 Days from the date of acceptance |
Buyer’s Commission | The Buyer shall not pay buyer’s commission on the highest bid price |
Outstanding Rates, Taxes & Levies | Seller is liable for all outstanding rates and taxes |
Occupancy | In the event that the property being sold is currently occupied by tenants or other occupants, the PURCHASER agrees to assume full responsibility for the eviction of said occupants at their own expense. The PURCHASER acknowledges that the Seller makes no representations or warranties regarding the status of occupancy and that the Seller shall not be liable for any costs, damages, or delays related to the eviction process. The PURCHASER shall take all necessary actions adhering to all applicable laws and regulations governing such evictions. |
DISCLAIMER:
Information provided in the advertising of this property, whether digitally or in print, includes subjective opinions provided by TIRHANI and additional information from the seller. You are advised to inspect the property to make necessary informed decisions and conclusions regarding the suitability and condition of the property. Despite our efforts to provide accurate information, we strongly recommend independently verifying all dimensions and shapes prior to purchasing or decisions based on them. Please be aware that TIRHANI has not conducted tests on any services, appliances, or heating/cooling systems, does not provide any warranties, either explicit or implied, regarding their functionality.
Control of the auction shall be entirely managed by the auctioneer, who has the sole right to regulate the bidding process and control the bid increments. The auction will be conducted per rising bid in South African Rands.
EXTENDED BIDDING: This auction features EXTENDED BIDDING. Any lot with a bid within 2 (TWO) minutes of its scheduled closing time will remain open for bids past its normal close; it will go into extended bidding.
MAX BIDDING: When you place your maximum bid, it will be placed at the reserve price if said max bid exceeds the reserve. If the Max Bid amount is below the reserve, the bid will be placed for the full amount. The 'System' will automatically bid against you at the set increment until reserve is met, at which point the system will stop. If you are the highest bidder, the lot will be sold to you, unless another bidder out bids you.
TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software, Internet or any other online auction-related technologies, Tirhani Auctioneers reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Tirhani Auctioneers shall be held responsible for a missed bid or the failure of the software to function properly for any reason
FOR MORE INFORMATION
Channtell Vogel Bidding System Queries & Support | +27 (0) 71 587 6279 |
Nompumelelo Hlongwane Property Queries | +27 (0) 76 069 3472 |
Theo Louw Property Queries | +27 (0) 83 946 0218 |
Elizabeth Nkhathu Invoicing Queries | +27 (0) 82 329 8984 |
Stacy-Lee Campbell Online Registration & General Queries | +27 (0) 82 327 4580 |
To participate in this online auction, complete and submit all required documents by 4PM on the cut-off date on the Tirhani Auctioneers Buyer’s Portal.
By signing the Rules of Auction and Bidder Participation Form, you the bidder/buyer consent and agree to be bound by the Auctioneers General and Specific Rules of Auction in addition to any other conditions specified by the Auctioneer or the Seller. These Rules of Auction are not negotiable, so if you do not agree with them do not register to bid on this auction.
This auction is 'With Reserve'. Although you may be the ‘High Bidder’ for a Lot, note that if the Reserve is not met, there is no commitment from the Seller to sell. Tirhani Auctioneers reserve the right to extend bidding, continue the bidding, or close the bidding. Control of the auction shall be entirely managed by the auctioneer, who has the sole right to regulate the bidding process and control the bid increments. The auction will be conducted per rising bid in South African Rands.
