Cluster on Auction in Merriman

Description

INSTRUCTED BY TRANSNET SOC LIMITED Opening Bid: R1,470,000.00 ONLINE AUCTION Bidding Start Time: Wednesday 4 March 2026 @ 09:30 Registration is essential by Tuesday 3 March 2026. For more information, please contact the listing agent. PROPERTY INFORMATION: ADDRESS: Portions 4, 11 & 15 of Farm Draayfountain No. 24, Richmond RD, Merriman, Northern Cape SIZES: Portion 4: ± 3,521m² | Portion 11: ± 114,63m² | Portion 15: ± 8,123m² The purchaser will be responsible for the subdivision of the property as per the disposal plan. LOCATION The subject property is situated in an area known as Merriman and approximately ±40km of the town of Richmond in a relatively remote area. The town of Richmond offers some amenities such as a filling station and small general stores. The subject property is located in a rather remote location next to the railway and is surrounded by other older residential and agricultural properties. ACCESS The property can be accessed from Richmond by exiting the town via the R398 road in the northern direction. Follow the road for 39km and turn right onto a gravel road. Follow the road for ±500 meters on the left-hand side of the road. The access routes to the subject properties are considered to be in average condition and there is limited public transport in this node. As per the information provided, the subject property hosts twenty residential dwellings which are to be auctioned as one unit. However, the parent property measures 46.9737ha, and the approximate area to be subdivided measures 126 607.00m². Dwelling 1: (Asset number - 01DG023C) Size: 130m² Accommodation: Dwelling offering an estimated 3 bedrooms, 2 bathrooms. The condition of the property is considered to be below average with roof repairs and plaster and paintwork required. Dwelling 2; (Asset number - 01DG024C) Size: 130m² Accommodation: Dwelling offering an estimated 3 bedrooms, 2 bathrooms. The condition of the property is considered to be below average with roof repairs and plaster and paintwork required. Dwelling 3: (Asset number - 01EG002C) Size: 133m² Accommodation: Dwelling offering an estimated 3 bedrooms, 2 bathrooms. The condition of the property is considered to be below average with roof and window repairs, and plaster and paintwork required. Dwelling 4: (Asset number - 01DG025C) Size: 130m² Accommodation: Dwelling offering an estimated 3 bedrooms, 2 bathrooms. The condition of the property is considered to be poor with roof and ceiling repairs and plaster and paintwork required Dwelling 5: (Asset number - 01DG026C) Size: 171m² Accommodation: Dwelling offering an estimated 4 bedrooms, 2 bathrooms The condition of the property is considered to be below average with roof repairs and plaster and paintwork required. Dwelling 6: (Asset number - 01AG024C) Size: 190m² Accommodation: Dwelling offering an estimated 4 bedrooms, 2 bathrooms The condition of the property is considered to be below average with roof repairs and plaster and paintwork required. Dwelling 7: (Asset number - 01AG025C) Size: 58m² Small dwelling The condition of the property is considered to be average with roof repairs required. Dwelling 8: (Asset number - 01AG026C) Size: 52m² Small dwelling The condition of the property is considered to be average with roof repairs required. Dwelling 9: (Asset number - 01AG027C) Size: 52m² Small dwelling The condition of the property is considered to be average with roof and window repairs required. Dwelling 10: (Asset number - 01AG028C) Size: 52m² Small dwelling The condition of the property is considered to be average with roof repairs required. Dwelling 11: (Asset number - 01AG029C) Size: 52m² Small dwelling The condition of the property is considered to be average with roof repairs required. Dwelling 12: (Asset number - 01AG030C) Size: 52m² Small dwelling The condition of the property is considered to be average with roof repairs required. Dwelling 13: (Asset number - 01AG031C) Size: 68m² Small dwelling The condition of the property is considered to be average with roof repairs required. Dwelling 14: (Asset number - 01AG032C) Size: 68m² Small dwelling The condition of the property is considered to be average with roof repairs required. Dwelling 15: (Asset number - 01AG033C) Size: 68m² Small dwelling The condition of the property is considered to be average with roof repairs required. Dwelling 16: (Asset number - 01AG034C) Size: 68m² Small dwelling The condition of the property is considered to be average with roof repairs required. Dwelling 17: (Asset number - 01AG0359C) Size: 44m² Small dwelling The condition of the property is considered to be average with roof repairs required. Dwelling 18: (Asset number - 01AG036C) Size: 68m² Small dwelling The condition of the property is considered to be average with roof repairs required. Dwelling 19: (Asset number - 01AG037C) Size: 68m² Small dwelling The condition of the property is considered to be average with roof repairs required. Dwelling 20: (Asset number - 01AG038C) Size: 682m² Small dwelling The condition of the property is considered to be average with roof repairs required. NOTES: • The property is sold subject to confirmation. • The property is sold Voetstoots with no repairs to be done by the Seller. • Vacant occupation on Registration of Transfer is not guaranteed by the Seller or Auctioneer. • Purchaser will be responsible for any Certificates of Compliance necessary to pass transfer. • Purchaser will be responsible for settling all outstanding municipal accounts, if any, prior to transfer. • 10% Deposit and 5% Auctioneer’s fee, plus VAT thereon, payable on the fall of the hammer. • Seller is VAT registered and VAT will be applicable to the transaction. PAYMENT TERMS: 10% Deposit & 5% Auctioneers fee (Excluding VAT on fee); Payable on the fall of the hammer by means of EFT only. Balance payable within 30 business days after acceptance. REGISTRATION: A R25,000 registration fee payable by EFT is required to register together with ID & FICA documents. The registration fee is refundable should you not be the successful bidder. All relevant documentation will be required for registering on behalf of a person/entity as follows: PERSON: • Copy of your ID & your Spouse’s ID (if married in community of property) • Proof of residence no older than 3 months • Letter of authority from spouse (if married in community of property) • Tax Clearance Certificate for both yourself and spouse (if married in community of property) COMPANY: • Company Registration documents • Resolution signed by all Shareholders authorising bidder • Copy of all Shareholders/Directors ID • Proof of Company Address - not older than 3 months • Company Tax Clearance Certificate TRUST: • Trust Registration documents • Resolutions signed by all Trustees authorising Bidder • Copy of all Trustee’s IDs • Proof of Trust Address not older than 3 months • Trust Tax Clearance Certificate All relevant documentation will be required for registering on behalf of a Non-Profit Organisation as follows: • Valid certificate of registration as a non-profit organisation/welfare organisation (NPO Certificate) • Section 21 company registration documents • Resolution signed by all directors/office bearers authorising bidder • Copy of director’s/office bearers ID’s • Proof of Organisation’s address not older than 3 months • Organisation’s Tax clearance certificate/Public Benefit Organisation certificate (PBO Certificate) PLEASE NOTE: All Resolutions must be completed correctly or they will NOT be accepted. They must AUTHORIZE the bidder to BID ON BEHALF OF as well as SIGN ANY AND ALL DOCUMENTATION REQUIRED to pass transfer. DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding. A structural survey has not been conducted. Neither the Seller or Auctioneer warrant the availability of any building plans and the property will not be sold subject to the provision of such plans. Neither the Seller nor the Auctioneer warrant vacant occupation of the property. It will be the Purchaser’s responsibility