PRIME DEVELOPMENT LAND ONLINE AUCTION
PRIME DEVELOPMENT LAND ONLINE AUCTION
Auction Open | Tuesday 26 November 2024 2024 at 10:00 |
Auction Close | Thursday 28 November 2024 from 10:00 |
PROPERTY ADDRESSES:
- Lot 1 : Cnr Ruth Street and Graaf Road, Rand Collieries AH, Brakpan Gauteng
- Lot 2: Erf 3278 and Erf 3279 Pamona Ext 144, Ekurhuleni, Gauteng
Viewing: See individual lot information
Contact Theo Louw on 083 946 0218 or Martin van Deventer on 078 263 0813 to schedule a private viewing today.
TO PARTICIPATE IN THIS ONLINE AUCTION, PLEASE COMPLETE THE RULES OF THE AUCTION / BIDDER PARTICIPATION FORM IN THE DOCUMENTS TAB(AVAILABLE SOON)
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
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 before purchasing or decisions based on them. Please be aware that TIRHANI has not conducted tests on any services, appliances, or heating/cooling systems, and does not provide any warranties, either explicit or implied, regarding their functionality.
Notice to Buyers & Disclaimer | |
Auction Registration Fee | R50 000 Refundable (T&C’s apply) |
Confirmation Period | 14 Business days confirmation period by the seller |
Deposit on Purchase Price | 10% payable by electronic transfer (EFT) |
Guarantees on Balance | 30 Days from the date of acceptance |
Buyer’s Commission | 10% (plus VAT) over & above the purchase price |
Outstanding Rates, Taxes & Levies | Seller is liable for all outstanding rates and taxes and levies |
Please ensure all your documentation is sent back for verification by the close of business on Wednesday 27 November 2024 to auction@tirhani.co.za
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. Lot Closing Speed - 1 lot per 2 minutes (from 10:00 + 2 min Auto-Extend)
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 the 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 outbids 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 |
Martin van Deventer Property Queries | +27 (0) 78 263 0813 |
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, PLEASE DOWNLOAD RULES OF AUCTION - BIDDER PARTICIPATION FORM. Please email back to - auction@tirhani.co.za by the cut-off date.
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.
